Atal Pension Yojana (APY) Scheme

Financial Inclusion in India

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Now with Atal Pension Yojana post-retirement Get upto Rs. 60,000/year

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Now with Atal Pension Yojana post-retirement Get upto Rs. 60,000/year5 (100%) 1 vote[s] India is a “young” country with youth accounting for over 50% of the population. But once this young population starts aging, India may face a critical challenge because of an “unpensioned society” as over 90% of Indians aren’t covered under any pension scheme. To […]

FM may widen Atal Pension scheme, offer cover for domestic helps

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The finance minister may announce changes in Atal Pension Yojana (APY) rules, widening the age for subscription to 50 years from 40 years and double the maximum monthly pension to Rs 10,000; a government-funded health insurance scheme for domestic workers, construction, and migrant laborers also under consideration   The government is likely to announce changes […]

100 crores released towards GoI co-contribution in Atal Pension Yojana

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Atal Pension Yojana is being implemented through the APY Service Providers comprising of Public Sector Banks, Private Sector Banks, Regional Rural Banks, Cooperative Banks and Department of Post both in urban and rural areas across the country. Atal Pension Yojana is being implemented through the APY Service Providers comprising of Public Sector Banks, Private Sector […]

You may soon be auto enrolled in Atal Pension Yojana

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The Pension Fund Regulatory and Development Authority (PFRDA) is considering auto enrolment of all employees in the Atal Pension Yojana (APY) which was only targeted at the unorganised sector workers till now. This would mean that even workers in private sector, government and semi-government organisations may be auto enroled in the scheme. This proposed auto-enrolment […]