Atal Pension Yojana gross enrolments cross 7 crore mark

In its 10th twelvemonth since rollout, the Atal Pension strategy has achieved a important milestone. The full gross enrolments nether the strategy person crossed the 7 crore mark, with an enrolment of implicit 56 lakh successful the existent fiscal twelvemonth (2024-25) truthful far.

This feat of bringing successful the astir susceptible sections of nine nether the sum of pension has been made imaginable with the untiring efforts of each the Banks and SLBCs/UTLBCs, according to a connection by the Pension Fund Regulatory and Development Authority (PFRDA). 

The PFRDA has taken respective initiatives for consciousness instauration of the strategy successful the caller past. It has conducted APY Outreach Programs astatine authorities and territory levels, organised consciousness and grooming programs, taken up tasks publicity-related done assorted media channels, released a one-pager elemental APY flyer/handout successful Hindi, English, and 21 determination languages, and conducted regular show reviews.

APY has been designed successful specified a mode that it provides ‘sampurna suraksha kavach’ (full protective cover) to not lone the subscriber by providing a life-long defined and guaranteed pension magnitude but besides to the spouse by providing the aforesaid pension magnitude aft the demise of the subscriber, and past to the household by returning the full corpus (accumulated till the property of 60 years) to the nominee aft the decease of the subscriber and spouse.