Atal Pension Yojana Base Above 7-Cr Level

New Delhi: The total gross enrollments under the Atal Pension Yojana (APY) have crossed seven crore, with an enrolment of over 56 lakh in the current fiscal (FY25) to date, according to the Pension Fund Regulatory and Development Authority (PFRDA) on Tuesday. APY is a guaranteed pension scheme by the government and regulated by PFRDA.

“The scheme is in its 10th year of rollout, and has achieved a big milestone,” said the authority. Focused on unorganised sector workers, the pension scheme provides a guaranteed minimum pension of Rs1,000 to Rs5,000 per month based on contributions. The APY ensures a dignified life in old age for unorganised workers, addressing their financial insecurities and garnering their support.

A flagship social security scheme of the government, the scheme was launched on May 9, 2015 with an aim to create a universal social security system for all Indians, especially the poor, the underprivileged and the workers in the unorganised sector.