: Atal Pension Yojana crosses 3.3 crore enrolments, adds 28 lakh new subscribers in current fiscal #FinanceIndia #StockMarketNEWS Atal Pension Yojana crosses 3.3 crore enrolments, adds 28 lakh new subscribers

@StockMarketNEWS Thu 02 Sep, 2021

Posted in: #FinanceIndia #StockMarketNEWS

Atal Pension Yojana crosses 3.3 crore enrolments, adds 28 lakh new subscribers in current fiscal #FinanceIndia #StockMarketNEWS
Atal Pension Yojana crosses 3.3 crore enrolments, adds 28 lakh new subscribers in current fiscal New Delhi, Sept 2 (KNN) Total enrolments under Atal Pension Yojana (APY) have crossed 3.30 crore and more than 28 lakh subscribers enrolled in the first five months of current FY 2021-22, said the Finance Ministry.

APY, a guaranteed pension scheme of Government of India and administered by Pension Fund Regulatory and Development Authority (PFRDA), more than 28 lakh new APY accounts have been opened during the current FY 2021-22. Overall, enrolments under APY have crossed 3.30 crore as on 25th August 2021, the Ministry said in a statement on Wednesday.

Out of the total enrolments under APY as on 25th August 2021, nearly 78 per cent subscribers have opted for Rs 1,000 pension plan while around 14 per cent for Rs 5,000 pension plan. Further, around 44 per cent are female subscribers and also around 44 per cent subscribers getting enrolled are very young and belong to the age-group of 18-25 years.

In the recent past, PFRDA has undertaken new initiatives like addition of new features in the APY mobile App and its availability on Umang platform, updating of APY FAQs, issuance of APY Subscriber Information Brochure and APY Citizen Charter in 13 regional languages for expanding the outreach of the APY Scheme and for the benefit of existing and potential APY subscribers as well as APY service providers.

Encouraged by the increasing number of enrolments under the Scheme since its inception, PFRDA will continue its endeavour to popularize the scheme through organization of various APY Campaigns at national and State level, coordination with State Level Bankers’ Committee (SLBCs) and National Rural Livelihood Mission (NRLM), advertisements through print, social & electronic media etc.

Stock Market News & Best Intraday tips & Stocks near support

Report