Enrolments in the Atal Pension Yojana (APY) scheme rose around 24 per cent to 643.52 lakhs in FY2023-24, with higher participation from women and younger people.

Atal Pension Yojana (APY) is a pension scheme provided by the government to financially help those working in the unorganised sector.

Atal Pension Yojana allows premature exit during exceptional circumstances; the government contributes 50 per cent of a member’s annual contribution, or Rs 1,000, whichever is less.

Atal Pension Yojana (APY) is a social security scheme for workers from the unorganised sector, offering a defined monthly pension, which is fixed at the time of opening the account.