Under the Atal Pension Yojana (APY), a guaranteed pension scheme of Government of India and administered by PFRDA, more than 28 lakh new APY accounts have been opened during current FY 2021-22. Overall, enrolments under APY has crossed 3.30 crore as on 25th August 2021.
Out of the total enrolments under APY as on 25th August 2021, nearly 78% subscribers have opted for Rs 1,000 pension plan while around 14% for Rs 5,000 pension plan. Further, around 44% are female subscribers and also around 44% subscribers getting enrolled are very young and belong to the age-group of 18-25 years.
In the recent past, PFRDA has undertaken new initiatives like addition of new features in the APY mobile App and its availability on Umang platform, updation of APY FAQs, issuance of APY Subscriber Information Brochure and APY Citizen Charter in 13 regional languages for expanding the outreach of the APY Scheme and for the benefit of existing and potential APY subscribers as well as APY service providers.