Atal Pension Yojana (APY) Enrolments Up 24% YoY; Women Participation Increases 52%
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) Enrolments Up 24% YoY; Women Participation Increases 52%](/_next/image?url=https%3A%2F%2Fs3.ap-south-1.amazonaws.com%2Fimages.outlookindia.com%2Fwp-content%2Fuploads%2F2024%2F06%2Fshutterstock_2126338031-300x200.jpg&w=256&q=75)
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.
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