Atal Pension Yojana crosses 9 crore total enrolments; FY 2025-26 sees highest-ever single-year enrolments of 1.35 crore
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500+ questions on Economy with explanations
๐ Summary:
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Atal Pension Yojana (APY) surpassed 9 crore total gross enrolments on April 21, 2026, marking a major milestone for the pension scheme targeting unorganised sector workers
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FY 2025-26 recorded the highest-ever single-year enrolments of 1.35 crore, demonstrating accelerated adoption of the scheme
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APY was launched on May 9, 2015, under the Pradhan Mantri Jan Dhan Yojana (PMJDY) framework; administered by the Pension Fund Regulatory and Development Authority (PFRDA)
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The scheme provides guaranteed monthly pension of โน1,000โโน5,000 to subscribers upon reaching the age of 60, depending on the contribution amount
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Eligibility: Indian citizens aged 18โ40 years who are not income tax payers and have a bank/post office account
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Government co-contributes 50% of subscriber contribution or โน1,000 per annum (whichever is lower) for eligible subscribers for 5 years
๐ UPSC Relevance:
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Scheme for social security and financial inclusion of informal sector โ key governance and social justice topic
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PFRDA as a statutory regulator; pension policy and financial inclusion drive in India
โก Prelims Facts:
- Launch date: May 9, 2015 | Administered by: PFRDA | Minimum age: 18 | Maximum entry age: 40 | Pension range: โน1,000โโน5,000/month | Total enrolments as of April 21, 2026: 9 crore+
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