Business Standard

Saturday, December 21, 2024 | 02:27 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

A first: Atal Pension Yojana logs 10 million enrolments in a calendar year

The number of enrolments in 2022 rose to 12.5 million from 9.2 million in 2021

Photo: Shutterstock
Premium

Photo: Shutterstock

Nikesh Singh New Delhi
The Atal Pension Yojana (APY) — targeted towards unorganised sector workers — saw the highest-ever takers in 2022 with enrolments rising 36 per cent. The figure crossed 10 million for the first time in a calendar year, data released by the finance ministry showed.
 
The number of enrolments in 2022 rose to 12.5 million from 9.2 million in 2021.
 
The enrolments in 2022 grew by 81 per cent compared to the pre-pandemic year of 2019, when 6.9 million subscribers had enrolled for the pension scheme. A Pension Fund Regulatory & Development Authority (PFRDA) official said the high enrolment was because

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in