APY: The number of subscribers of Atal Pension Yojana, one of the ambitious schemes of the Modi government, has crossed 5 crores. At the same time, the total amount in this scheme has crossed 28 thousand crore rupees.
Pension is given to the eligible person under the Atal Pension Yojana of the Central Government (Modi Government). This is a social security program, through which people get the benefit of pension in old age (Pension Scheme). Giving information on Thursday, the Finance Ministry said that this scheme has recently completed its 8 years. So far, a total of 5.25 crore subscribers have been added under this scheme.
This scheme was launched by Prime Minister Narendra Modi in the year 2015. The aim behind the introduction of APY was that every senior citizen of the country could get the benefit of fixed pension. This scheme is specially designed for the people working in the unorganized sector.
So many people joined in the financial year 2022-23
According to the information given by the Finance Ministry, in the financial year 2022-23, there has been an increase of 20 percent in the number of new subscribers as compared to the previous year. Along with this, investors have got 8.92 percent return from this scheme so far. The total Assets Under Management under this scheme has reached Rs 28,434 crore.
The poor got the benefit of pension
Giving information about the Atal Pension Yojana, the Finance Ministry said that the success of this scheme lies in the fact that it will help in providing pension benefits to the poor and weaker sections of the country. It is noteworthy that in the Atal Pension Yojana, people between the age of 18 to 40 years can invest in the scheme. For this you should have a savings bank account and you should not be a taxpayer.
Subscribers of Atal Pension Yojana get the benefit of monthly pension ranging from Rs 1,000 to Rs 5,000 after attaining the age of 60 years. This amount is decided on the basis of your investment. This is a government-backed pension scheme, for which you need to have a savings account, Aadhaar number and a mobile number. You can open this account in any bank or post office.