The Atal Pension Yojana (APY) — targeted towards unorganised sector workers — saw the highest-ever takers in 2022 with enrolments rising 36 per cent. The figure crossed 10 million for the first time in a calendar year, data released by the finance ministry showed.
The number of enrolments in 2022 rose to 12.5 million from 9.2 million in 2021.
The enrolments in 2022 grew by 81 per cent compared to the pre-pandemic year of 2019, when 6.9 million subscribers had enrolled for the pension scheme. A Pension Fund Regulatory & Development Authority (PFRDA) official said the high enrolment was because