All posts tagged: APY

Atal Pension Yojana crosses historic nine crore enrolments

Atal Pension Yojana crosses historic nine crore enrolments

The Union government said on Wednesday that the Atal Pension Yojana (APY) has achieved a historic milestone by surpassing total gross enrolments of nine crore subscribers. Gross enrolments during the Financial Year 2025–26 crossed 1.35 crore subscribers, marking the highest-ever enrolments recorded in a single financial year since the inception of the scheme, according to a Finance Ministry statement. Launched on May 9, 2015, with the vision of establishing a universal social security system for all Indians, APY is a flagship social security scheme of the Union government, administered by the Pension Fund Regulatory and Development Authority (PFRDA). According to the Ministry, APY is designed to provide a `Sampurna Suraksha Kavach` (Complete Security Shield) by ensuring benefits like a guaranteed monthly pension ranging from Rs 1,000 to Rs 5,000 for subscribers after attaining 60 years of age. Also, same pension continues to the spouse after the subscriber`s demise and the return of the corpus accumulated till the age of 60, to the nominee after the death of both. The pension scheme is open to all …