Archive · 25 Jul 2025
Atal Pension Yojana Crosses 8 Crore Enrolments in a Decade
Imagine a special savings plan called Atal Pension Yojana (APY) created by the government.
It helps people save money for when they get older.
APY has helped a lot of people, with over 80 million people signed up.
If you join, you save money, and when you are over 60, you get money every month.
If something happens to you, your spouse gets the money.
It's for Indian citizens aged 18-40, but not for those who pay income tax.
Atal Pension Yojana (APY) has surpassed 8 crore total gross enrolments.
The scheme added 39 lakh new subscribers in the current fiscal year.
APY was launched on May 9, 2015.
The scheme assures a guaranteed monthly pension of Rs 1,000 to Rs 5,000 post-60.
APY is open to Indian citizens aged 18-40, excluding income tax payers.
- Who
- The finance ministry and PFRDA.
- What
- Atal Pension Yojana (APY) has crossed 8 crore enrolments.
- When
- Launched on May 9, 2015; Achieved milestone in current fiscal year.
- Where
- India.
- Why
- To provide social security through guaranteed monthly pensions.
- Scheme Name
- Atal Pension Yojana (APY)
- Total Gross Enrolments
- Over 8 crore
- New Subscribers (current fiscal)
- 39 lakh
- Launch Date
- May 9, 2015
- Age Eligibility
- 18-40 years
- Pension Amount
- Rs 1,000 to Rs 5,000 monthly (post-60)