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 address this, the government launched Atal Pension Yojana (APY), an affordable scheme […]
Atal Pension Yojana amended to enable spouse to countinue contribution after subscriber’s death
#Atal #Pension #Yojana amended to enable spouse to continue contribution after subscriber’s death The Government has amended the Atal Pension Yojana (APY) to give an option to the spouse to continue to contribute for the balance period on premature death of the subscriber. After the death of both the subscriber and the spouse, the […]