Atal Pension Yojana enrolment low in Kerala
1 week, 6 days ago

Atal Pension Yojana enrolment low in Kerala

New Indian Express  

THIRUVANANTHAPURAM: Enrolments in Atal Pension Yojana, the old age income security programme launched by the Union government, is low in Kerala. According to the data tabled in the Lok Sabha, until FY 2022-23, cumulative APY subscriptions in Kerala stood at 3.94 lakh whereas Karnataka had 12.68 lakh and Tamil Nadu 18.71 lakh subscribers. While Kerala’s subscription base has increased to 13.57 lakh, the cumulative subscription in Karnataka rose to 39.46 lakh and in Tamil Nadu to 42.77 lakh. Total APY accounts Kerala: 13,57,263 Top three districts T’Puram: 1,97,555 Ernakulam: 1,76,901 Thrissur: 1,33,037 Low performers Wayanad: 32,172 Idukki: 34,375 Kasaragod: 54,173

Karnataka Tamil Nadu Kerala Lakh Apy  pension  enrolment  nadu  yojana  lakh  tamil  atal  low  security  apy  enrolments  kerala  state  karnataka  social

History of this topic

What is Atal Pension Yojana? Know how to apply
1 month ago

What is Atal Pension Yojana? Know how to apply

India Today  

Atal Pension Yojana is a government-backed pension scheme launched in 2015 under the Ministry of Finance. Atal Pension Yojana aims to offer a steady income to individuals after the age of 60, ensuring a secure retirement. The scheme guarantees a fixed pension ranging from Rs 1,000 to Rs 5,000 per month, depending on the subscriber’s contribution and entry age. WHO …

Pension Planning: Can Unorganised Sector Workers Open NPS Account?
4 months ago

Pension Planning: Can Unorganised Sector Workers Open NPS Account?

News 18  

NPS Swavalamban was a government-backed pension scheme aimed at providing financial security to the unorganised sector. While existing NPS Swavalamban account holders could migrate to APY, the latter scheme has become the primary option for individuals seeking a government-backed pension. NPS Swavalamban and Atal Pension Yojana : The Link NPS Swavalamban and APY are both government-backed pension schemes aimed at …

Budget 2024: Govt may double minimum guaranteed amount under Atal Pension Yojana
5 months, 1 week ago

Budget 2024: Govt may double minimum guaranteed amount under Atal Pension Yojana

India TV News  

Budget 2024: The government is considering a proposal to increase the minimum guaranteed amount under its popular social security initiative, Atal Pension Yojana. Proposals to make scheme more attractive As of June 20, there have been more than 66.2 million enrollments in the Atal Pension Yojana, with 12.2 million new accounts added in the financial year 2023-24 alone. Economically deprived …

Atal Pension Yojana poorly designed: Cong; Sitharaman hits back
8 months, 3 weeks ago

Atal Pension Yojana poorly designed: Cong; Sitharaman hits back

Deccan Chronicle  

New Delhi, Mar 26 Hours after the Congress dubbed the Centre's Atal Pension Yojana as a "poorly-designed scheme" that "hoodwinks and coerces" people into participating in it, Finance Minister Nirmala Sitharaman on Tuesday hit back at the grand old party accusing it of "hoodwinking" people in the name of vote bank politics. Congress general secretary Jairam Ramesh said the Atal …

Atal Pension Yojana: War of words erupts between Nirmala Sitharaman and Congress leader Jairam Ramesh
8 months, 3 weeks ago

Atal Pension Yojana: War of words erupts between Nirmala Sitharaman and Congress leader Jairam Ramesh

Live Mint  

A war of words erupted between the Union Finance Minister Nirmala Sitharaman and Congress leader Jairam Ramesh over the effectiveness of Atal Pension Yojana. It was started when the Mr Ramesh pointed out that while Ms Sitharaman lauded the pension scheme named after the veteran BJP leader Atal Bihari Vajpayee on Mar 24 in Bengaluru, she did not mention, he …

Atal Pension Yojana subscribers count cross 6-crore mark. Check details here
1 year ago

Atal Pension Yojana subscribers count cross 6-crore mark. Check details here

Live Mint  

The total enrolment under the Atal Pension Yojana has crossed 6 crore, with over 79 lakh enrolments in the current Financial Year. APY, a flagship social security scheme of the Government of India, was launched on 9 May 2015 by Prime Minister Narendra Modi to provide old age income security to Indian citizens, with a particular focus on the poor, …

Three social security schemes benefited 556 million people: Nirmala Sitharaman
1 year, 7 months ago

Three social security schemes benefited 556 million people: Nirmala Sitharaman

Hindustan Times  

The government’s social security schemes -- Pradhan Mantri Jeevan Jyoti Bima Yojana, Pradhan Mantri Suraksha Bima Yojana and Atal Pension Yojana – have covered over 556 million beneficiaries in eight years providing exigency support of ₹15,592 crore nearly eight lakh people under the first two insurance schemes, finance minister Nirmala Sitharaman said. Under the leadership of our Prime Minister Narendra …

Atal Pension Yojana: Income Taxpayers Not Eligible to Join Scheme; 4 Latest Updates
2 years, 4 months ago

Atal Pension Yojana: Income Taxpayers Not Eligible to Join Scheme; 4 Latest Updates

News 18  

Atal Pension Yojana Rule Change: The government has changed the rules and conditions to be eligible for its monthly pension programme Atal Pension Yojana. As per a notification from the ministry of finance, if an income tax-paying investor joins the APY scheme on or after October 1, the APY account will be liable to be closed. “In case a subscriber, …

Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1
2 years, 4 months ago

Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1

Hindustan Times  

Income tax payers will not be allowed to enrol in the government's social security scheme Atal Pension Yojana from October 1. In case a subscriber, who joined on or after October 1, 2022, is subsequently found to have been an income tax payer on or before the date of application, the Atal Pension Yojana account shall be closed and the …

Atal Pension Yojana new rule: These investors cannot join from October
2 years, 4 months ago

Atal Pension Yojana new rule: These investors cannot join from October

Live Mint  

Atal Pension Yojana: The central government has amended the Atal Pension Yojana investment rules, which will become applicable from 1st October 2022. In the changed Atal Pension Yojana rules, an income tax payer will not be eligible to open Atal Pension Yojana account from 1st October 2022. The notification issued by the Ministry of Finance says, "Provided that from 1st …

Income tax payers cannot join this govt scheme from October. Details here
2 years, 4 months ago

Income tax payers cannot join this govt scheme from October. Details here

Live Mint  

The Central government has brought a big change related to income taxpayers to the Atal Pension Yojana scheme. All income tax payers will not be eligible to invest in Atal Pension Yojana scheme. Explanation: For the purpose of this clause, the expression “income-tax payer” shall mean a person who is liable to pay income-tax in accordance with the Income Tax …

This Govt Scheme Offers Fixed Pension of up to Rs 5000 Per Month. Know Eligibility, Benefits
2 years, 7 months ago

This Govt Scheme Offers Fixed Pension of up to Rs 5000 Per Month. Know Eligibility, Benefits

News 18  

Atal Pension Yojana: The total enrollments under the government’s retirement benefits scheme Atal Pension Yojana have crossed 4.01 crore as on March 2022 out of which more than 99 lakh APY accounts were opened during FY 2021-22, the finance ministry has recently notified. The Atal Pension Yojana, or APY scheme offers a foxed pension of up to Rs 5,000 to …

Atal Pension Yojana enrolments cross four crore, says Union Ministry of Finance
2 years, 8 months ago

Atal Pension Yojana enrolments cross four crore, says Union Ministry of Finance

Firstpost  

Atal Pension Yojana is the guaranteed pension scheme of the Government of India administered by the Pension Fund Regulatory and Development Authority New Delhi: Over 99 lakh Atal Pension Yojana accounts were opened in the financial year ended March 2022 taking the total enrolments under the scheme to 4.01 crore, the Union Ministry of Finance said on Thursday. Out of …

Monthly Rs 5,000 Pension With Income Tax Benefits: Know Details About this Govt Scheme
2 years, 11 months ago

Monthly Rs 5,000 Pension With Income Tax Benefits: Know Details About this Govt Scheme

News 18  

Atal Pension Yojana: The finance ministry has recently notified that as many as 65 lakh registrations have been completed under the Atal Pension Yojana of the government during this fiscal so far. Atal Pension Yojana, the flagship social security scheme of the Government of India, was launched on May 9, 2015, to provide old-age income security particularly to the citizen …

Customers can now subscribe to Atal Pension Yojana via Aadhaar eKYC: PFRDA
3 years, 1 month ago

Customers can now subscribe to Atal Pension Yojana via Aadhaar eKYC: PFRDA

The Hindu  

To expand its subscriber base and simplify the on-boarding process further, pension fund regulator PFRDA has now allowed Aadhaar eKYC as an additional option to add customers under its flagship pension scheme Atal Pension Yojana. "Now in order to further increase the outreach and simplify the process of subscription, CRA would be providing digital on-boarding based through Aadhaar eKYC as …

Atal Pension Yojana Dominates Social Security Scheme with 66% Subscriber Base
3 years, 3 months ago

Atal Pension Yojana Dominates Social Security Scheme with 66% Subscriber Base

News 18  

Atal Pension Yojana has emerged as the most popular social security scheme under the National Pension System with over 2.8 crore subscribers, mainly from the non-metro centres. Out of 4.2 crore National Pension System subscribers, over 66 per cent or 2.8 crore opted for the APY at the end of 2020-21, says the annual report of the National Pension Systems …

Monthly Pension of up to Rs 5,000 under this Govt Scheme. Know Eligibility, Tax Benefits
3 years, 4 months ago

Monthly Pension of up to Rs 5,000 under this Govt Scheme. Know Eligibility, Tax Benefits

News 18  

Atal Pension Yojana is a very useful pension scheme that is targeted at employees from the unorganised sector. Eligibility: While the Atal Pension Yojana scheme is targeted at he employees of the unorganised sector, any Indian citizen with a bank account can be eligible for it. Up to Rs 5,000 Monthly Pension The minimum pension bracket under the Atal Pension …

Atal Pension Yojana gets over 52 lakh new subscribers in FY21 so far
3 years, 11 months ago

Atal Pension Yojana gets over 52 lakh new subscribers in FY21 so far

India TV News  

Over 52 lakh new subscribers have joined Atal Pension Yojana during 2020-21 so far, taking the total enrolment under the government's social security scheme to 2.75 crore at end-December, an official release said. APY is a guaranteed pension scheme of the government which offers triple benefits to subscribers on attaining 60 years of age. Despite the unprecedented challenges poised due …

What is Atal Pension Yojana and How to Open Account
4 years ago

What is Atal Pension Yojana and How to Open Account

News 18  

The Atal Pension Yojana is a guaranteed pension scheme by the government to provide financial security to those employed in the unorganised sector like maids, drivers, gardeners, among others. The subscribers of the scheme are entitled to a pension ranging from Rs 1000 to Rs 5000 every month. For those who joined the scheme before end of December 2015, the …

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