Atal Pension Yojana

Launch Date: 9.5.2015

Objective:

To provide financial security in old age through guaranteed minimum monthly pension for those working in informal sector or daily wagers in the age group of 18 to 40 years.

Government contribution - 50 percent of beneficiaries’ premium (up to Rs. 1000) for 5 years in new accounts opened before December 31, 2015.

Achievements:

• As on 5 January, 2018 about 80 lakh subscribers have been enrolled under APY.

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