Current Affairs

Atal Pension Yojana subscriber base crosses 1cr mark

The subscriber base of the Atal Pension Yojana (APY) had crossed the one-crore mark since its launch in 2015.

Atal Pension Yojana subscriber base crosses 1cr mark

  • This announcement came on the completion of three years of the scheme.
  • According to the Pension Fund Regulatory and Development Authority (PFRDA), its current number of subscriber stands at 1.10 crore.
  • As per the scheme, the guaranteed minimum pension of Rs. 1,000/- or 2,000/- or 3,000/- or 4,000/ or 5,000/- per month will be given at the age of 60 years depending on the contributions by the subscribers.
  • A massive outreach campaign 'APY Formation Day' was organized on the completion of three years of the scheme.
  • It was organized by the PFRDA in coordination with 'Department of Financial Services in order to enhance the enrolments in APY by banks and Department of Posts.

Expected Questions

When was the APY launched?
June 2015

What does APY stands for?
Atal Pension Yojana

What is the full form of PFRDA?
Pension Fund Regulatory and Development Authority

Who is the administrator of the APY?
Pension Fund Regulatory and Development Authority (PFRDA)

What is the slogan of APY?
Jan Dhan To Jan Suraksha

Who is the nodal agency for the implementation and promotion for APY?
Banks

Atal Pension Yojana subscriber base crosses 1cr mark Atal Pension Yojana subscriber base crosses 1cr mark Reviewed by Aman Bhatia on May 17, 2018 Rating: 5

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