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ATAL PENSION PLAN HITS 7 CR SUBSCRIBERS
The Business Guardian
|December 15, 2024
The Ministry of Finance recently announced a significant milestone for the Atal Pension Yojana (APY), with over 7.15 crore subscribers enrolled under the scheme as of December 2, 2024.
Highlighting the program's success, the Ministry posted on X, "With more than seven crore subscribers under Atal Pension Yojana #APY, offers secure retirement with guaranteed #PensionBenefits, ensuring peace of mind after retirement for its beneficiaries. #FinMinYearReview2024 #BankingInitiatives #ViksitBharat"
Launched to provide financial security to India's working population in their post-retirement years, APY guarantees a minimum monthly pension ranging from Rs 1,000 to Rs 5,000 from the age of 60, depending on the contributions made by the subscriber.
This story is from the December 15, 2024 edition of The Business Guardian.
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