The Union Cabinet approved the continuation of the Atal Pension Yojana (APY) until 2030-31, including government support for outreach, capacity building, and gap funding. Over 8.66 crore subscribers benefit from guaranteed old-age pensions of Rs 1,000–5,000 per month
The Pension Fund Regulatory and Development Authority (PFRDA) conducted an outreach programme in Gachibowli for banks and Lead District Managers of Telangana. Chief General Manager Pravesh Kumar highlighted the success of the Atal Pension Yojana (APY), noting that 8.59 crore subscribers have been enrolled nationwide.
The Pension Fund Regulatory Authority (PFRDA) through State Level Bankers Committee (SLBC), Telangana, conducted an Outreach Programme for Banks, LDMs of Telangana, on Friday at State Bank Institute of Learning and Development, West Marredpally on Friday.
As of fiscal 2021, NPS had 4.2 crore registered users or subscribers. The annual report of National Pension System Trust said that APY has over 66 per cent of subscribers, or 2.8 crore permanent retirement account numbers (PRAN).
