Record-Breaking Success of Atal Pension Yojana
According to the Pension Fund Regulatory and Development Authority (PFRDA), by March 2025, the Atal Pension Yojana (APY) has provided pension coverage to over 76.5 million (7.65 crore) subscribers. As the scheme enters its tenth year, these numbers reflect a major achievement in the Indian pension landscape.
The Atal Pension Yojana is one of the Indian government's flagship social security schemes. It has established a new benchmark in the field of retirement protection, especially for workers in the unorganized sector. The PFRDA’s data highlights the growing awareness and participation of citizens in securing financial stability during old age through APY.
Key Highlights of the Scheme
- Launched on May 9, 2015 in Kolkata by Prime Minister Narendra Modi.
- Aimed at providing a guaranteed monthly pension after retirement to low-income and unorganized sector workers.
- In FY 2024-25, over 11.7 million (1.17 crore) new subscribers joined the scheme.
- The total fund corpus under the scheme has crossed ₹44,780 crore.
The unprecedented growth of the Atal Pension Yojana demonstrates the increasing retirement planning awareness among India's informal workforce. The scheme is empowering millions to ensure financial dignity in old age through a reliable government-backed pension structure.