Atal Pension Yojana

The number of subscribers under the National Pension Scheme (NPS) and Atal Pension Yojana (APY) increased 23 per cent to over 6.24 crore as of March 4, the Finance Ministry said on Friday. Of this, there was over 28 per cent growth in APY subscribers and more than 1 crore new customers were added. The total pension assets under management (AUM) under NPS and APY grew 23.45 per cent year-on-year to Rs 8.82 lakh crore as of March 4, 2023. "The number of subscribers under various schemes under the National Pension System (NPS) rose to 624.81 lakh as of March 4th 2023 from 508.47 lakh on March 5, 2022, showing a year-on-year (y-o-y) increase of 22.88 per cent," the ministry said in a statement. As of March 31 last year, the total number of NPS subscribers was 5.20 crore. Of the total 6.24 crore subscribers currently, 23.86 lakh and 60.72 lakh are central and state government employees, respectively. Corporate subscribers stood at 16.63 lakh. The number of APY subscribers rose 28.4 pe

Pension Fund Regulatory & Development Authority (PFRDA) on Monday said more than 5 crore people have enrolled under Atal Pension Yojana (APY), the ?agship social security scheme of the central government. The scheme has done very well in the calendar year 2022 by enrolling more than 1.25 crore new subscribers in comparison to 92 lakh new subscriber's enrolment in the calendar year 2021, PFRDA said in a statement. Till date, 29 banks have already surpassed the annual target allocated by the government of India, it said. In the public sector bank category, Bank of India, State Bank of India and Indian Bank have achieved the allocated targets, while in the Regional Rural Bank (RRB) category, 21 banks have achieved the allocated targets, with the highest achievement by Jharkhand Rajya Gramin Bank, Vidharbha Konkan Gramin Bank and Baroda UP Bank, it said. PFRDA, in line with the saturation drive as announced by Prime Minister Narendra Modi in his Independence Day speech of 2021, took ..

The number of enrolments in 2022 rose to 12.5 million from 9.2 million in 2021

Social security scheme should reach the poor and underprivileged, says official

A notification by the Ministry of Finance further said that those who are already a part of the APY scheme, will cease to be so from October 1 but they will receive their accumulated money

Atal Pension Yojana (APY) -- the highest contributor to the subscriber base -- registered a growth of 31.6 per cent to 37.2 million by end of May this fiscal year.

The Atal Pension Yojana scheme saw an increase in subscribers by 31.60 per cent to 37.2 million in May 2022

Regulator looks to give three pension fund choices for each asset class in non-govt sector

The total number of subscribers for National Pension Scheme (NPS) and Atal Pension Yojana (APY) stood at 5.33 crore as of June 4, PFRDA chairperson Supratim Bandyopadhyay said. As of June 4, 2022, the Asset Under Management (AUM) under NPS and APY was at Rs 7,39,393 crore. The number of subscribers in the category of central government employees of NPS was 22.98 lakh and AUM at Rs 21,876 crore. Total subscribers in state government employee category of NPS was 56.46 lakh and AUM at Rs 3,69,837 crore in the period. The subscriber base in corporate and pension categories was 14.79 lakh and 23.61 lakh, respectively. "Of late, (subscribers in) corporate and private segments are increasing at a much larger pace than in the government sector," Bandyopadhyay said. The Atal Pension Yojana subscriber base increased to 3.739 crore as of June 4.

Changes introduced by the government in the claim settlement process have led to quicker and easier settlement of claims during the pandemic, Finance Minister Nirmala Sitharaman

Total assets under management (AUM) as on January 1, 2022 stood at Rs 6,99,172 crore, PFRDA said

Total assets under management (AUM) for the National Pension System schemes saw a year-on-year growth of over 38 per cent

The number of subscribers of the government's Atal Pension Yojana (APY) crossed 33 million-mark by August 25, the Pension Fund Regulatory and Development Authority (PFRDA) said on Wednesday

With the new additions, the total enrolments under the APY have crossed 2.63 crore, said the Pension Fund Regulatory and Development Authority (PFRDA) in the release

Subscribers under the Atal Pension Yojana (APY) increased 34.51 per cent to 2.45 crore at the end of October

The total assets under management of the National Pension System and Atal Pension Yojana have crossed Rs 5 trillion, regulator PFRDA said on Thursday

India still does not have a "one retirement account" concept, with the intended money distributed across various schemes. Pension fund managers are underlining NPS as the preferred way ahead

PFRDA declared Covid-19 as a critical illness which is life threatening in nature

Workers joining the Pradhan Mantri Shram Yogi Mandhan Scheme for the informal sector will get a better return on their savings if they enrol later in their careers

All those schemes of government benefits are exempted from the order on Aadhaar by the Supreme Court