Atal Pension Yojana
Indian national pension scheme
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Atal Pension Yojana, formerly known as Swavalamban Yojana, is a government-backed pension scheme in India, primarily targeted at the unorganised sector. It was mentioned in the year 2015 Budget speech by the Finance Minister Arun Jaitley. It was launched by Prime Minister Narendra Modi on 9 May 2015 in Kolkata. Its main objective is to help towards economic security of those people who become depressed after their working age and take retirement from professional life.
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Atal Pension Yojana accumulates over 7.65 crore subscribers, mobilises Rs 45,974.67 crore by AprilAtal Pension Yojana (APY) has garnered over 7.65 crore subscribers, accumulating a corpus of Rs 45,974.67 crore by April. The scheme, launched in 2015 to address retirement security for unorganised..IndiaTimes - Published | |
Atal pension plan 'coercive', says Jairam, finance minister returns fireA debate between finance minister Nirmala Sitharaman and Congress member of parliament Jairam Ramesh on the Atal Pension Yojana highlighted differing views. Ramesh criticised the scheme for alleged..IndiaTimes - Published | |
Total enrolment under Atal Pension Yojana crosses 6 cr; 79 lakh additions this fiscalIndiaTimes - Published | |
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