The Pradhan Mantri Shram Yogi Maandhan Scheme (PM-SYM) is a contributory pension plan designed for unorganized employees aged 18 to 40 years, with a maximum monthly income of ₹15,000. The scheme guarantees a minimum pension of ₹3,000 per month once the subscriber reaches the age of 60.

Under PM-SYM, contributions are automatically debited from a savings account, with a 50:50 contribution ratio between the subscriber and the government until the individual turns 60. As of March 12, 2026, the national enrolment for the scheme has reached 52.5 lakh, reflecting its growing acceptance among eligible workers.

The scheme is open for enrolment until March 31, 2026, allowing more unorganized sector workers to benefit from this initiative. Eligible applicants must not be income tax payers and should not be covered under the Employees’ Provident Fund Organization (EPFO) or the Employees’ State Insurance Corporation (ESIC).

Monthly contributions for the scheme start at ₹55 for individuals aged 18, increasing with age up to ₹200 for those aged 40. The government matches the worker’s monthly payment on a one-to-one basis, enhancing the financial security of participants.

Launched in 2019, the PM-SYM scheme aims to provide retirement benefits to millions of unorganized sector workers, including construction laborers, agricultural laborers, and street vendors. Workers can register for the scheme at approximately 400,000 Common Service Centers across India or online through the PM SYM portal.

Spouses of eligible applicants can also apply separately if they meet the criteria, further extending the scheme’s reach. The initiative represents a significant step towards improving the financial stability of unorganized workers in India.

As the enrolment deadline approaches, observers are keen to see how many more individuals will take advantage of this opportunity. Details remain unconfirmed regarding the final enrolment numbers as the deadline nears.

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The Securities and Exchange Board of India (SEBI) has launched the ‘Verified App Label Initiative’ to help investors identify genuine trading and investment apps, a move that comes in response to the rising digital fraud affecting the financial sector. This initiative is aimed at bolstering investor protection and ensuring safer investment practices.

According to SEBI, only apps belonging to registered entities will carry the verification mark. The verified badge has already been rolled out for over 600 stock broker apps, marking a significant step in the fight against misleading investment-related content. SEBI has flagged over 130,000 instances of such content for takedown, highlighting the scale of the issue.

Tuhin Kanta Pandey, a senior official at SEBI, emphasized the importance of this initiative, stating, “This initiative is not just about a label on an app; it is about helping investors distinguish the genuine from the fake.” He further noted that the verified badge will assist investors in identifying authentic apps and making impersonation more difficult.

The rise in digital fraud has prompted SEBI to take these measures to protect the growing number of unique investors in India’s securities market, which currently stands at 140 million. The market capitalization in Indian Rupees has reached approximately 42.3 trillion, underscoring the importance of investor confidence in this expanding sector.

In addition to the app verification initiative, SEBI has also introduced new regulations for Gold ETFs. Effective from April 1, 2026, the master circular for Gold ETFs will require these funds to invest at least 95% of their net assets in physical gold and SEBI-approved gold-related instruments. HDFC Gold ETF will allow limited exposure to gold-backed exchange-traded commodity derivatives starting April 22, 2026.

HDFC Asset Management Company stated, “Investment in ETCDs will be considered only in rare situations, such as when there is a temporary shortage of physical gold in the market.” This reflects SEBI’s core approach of maintaining a focus on physical gold investment.

SEBI’s verified badge initiative is a first-of-its-kind effort globally, showcasing its commitment to enhancing the security of digital investments. The initiative is part of a broader framework to tackle investment fraud, which has become increasingly prevalent in the digital age.

As SEBI continues to implement these initiatives, observers are keen to see how effective they will be in curbing fraud and enhancing investor trust in the digital investment landscape. Details remain unconfirmed regarding the full impact of these measures on the market.

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