Over 69 lacs subscribers join Atal Pension Yojana with contribution of Rs. 2690 crores Secretary DFS: Still Scope for increasing pension coverage Atal Pension Yojana currently has over 69 lacs subscribers with contribution of Rs. 2690.00 crores. Chairman, PFRDA Shri Hemant G Contractor however emphasised the need of increasing the pension coverage in India at a … [Read more...] about Over 69 lacs subscribers join Atal Pension Yojana with contribution of Rs. 2690 crores
Atal Pension Yojana
Atal Pension Yojana surges ahead with 62 lacs enrolment
Atal Pension Yojana surges ahead with 62 lacs enrolment A total of 3.07 lac APY accounts have been sourced under One Nation One Pension. The stellar performance of the banks under the campaign includes some of the largest banks in the country namely, State Bank of India sourcing a stupendous 51,000 APY accounts and other prominent banks like Canara Bank which has sourced … [Read more...] about Atal Pension Yojana surges ahead with 62 lacs enrolment
More than 58 lakhs subscribers to Atal Pension Yojana (APY)
More than 58 lakhs subscribers to Atal Pension Yojana (APY) The number of subscribers of the Atal Pension Yojana (APY) during each of the last three years is as follows: Particulars As on 31.03.2016 As on 31.03.2017 As on 22.07.2017 Cumulative Subscribers 24,84,895 48,83,829 58,08,071 The funds allocated under APY during each of the last three years … [Read more...] about More than 58 lakhs subscribers to Atal Pension Yojana (APY)
Rs 100 crore released towards Government of India co-contribution in Atal Pension Yojana
Rs 100 crore released towards Government of India co-contribution in Atal Pension Yojana 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. The total number of subscribers registered … [Read more...] about Rs 100 crore released towards Government of India co-contribution in Atal Pension Yojana
Amendment in the existing Atal Pension Yojana
Amendment in the existing Atal Pension Yojana The Government has made following amendment in the existing Atal Pension Yojana (APY) vide Government Notification F. No. 16//1/2015 PR dated 22nd March, 2016. Option to the spouse of the subscriber to continue contribution to APY on death of subscriber before the age of 60 years: “If the subscriber dies before the age of 60 … [Read more...] about Amendment in the existing Atal Pension Yojana
Encouragement for joining Atal Pension Yojana
Encouragement for joining Atal Pension Yojana GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES RAJYA SABHA STARRED QUESTION NO.169 TO BE ANSWERED ON DECEMBER 15, 2015/AGRAHAYANA 24, 1937 (SAKA) (HEADING): ENCOURAGEMENT FOR JOINING ATAL PENSION YOJANA * 169. Shri Naresh Agrawal: Will the Minister of FINANCE be pleased to state: (a) … [Read more...] about Encouragement for joining Atal Pension Yojana