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Atal Pension Yojana reaches subscriber base of 80 lakh

6 Jan, 2018

The Pension Fund Regulatory and Development Authority of India (PFRDA) run Atal Pension Yojana (APY) has reached a subscriber base of 80 lakh. The PFRDA said in a statement that the subscribers' base under the Atal Pension Yojana (APY) has reached more than 80 lakhs and growing at a good pace. Uttar Pradesh is the highest contributing state at 11.41 lakh APY subscribers, followed by Bihar and Tamil Nadu.
APY became operational from June 1, 2015 and is available to all citizens of India in the age group of 18-40 years. Under the scheme, a subscriber will receive a minimum guaranteed pension of 1000 to 5000 rupees per month, depending on his contribution, from the age of 60 years.

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