New Delhi: Piyush Goyal on Friday announced launch of Pradhan Mantri Shram Yogi Mandhan (PMSYM) scheme to provide unorganised workers an assured monthly pension of Rs 3,000 after 60 years of age. The scheme will attract matching contribution of Rs 100 per month from the government as well as from workers.

Besides, pension scheme for unorganised workers, Goyal also announced hiking of tax free gratuity to Rs 30 lakh from existing Rs 20 lakh for employees having service of more than five years.