Has Atal Pension Yojana Reached a Milestone of 7.65 Crore Subscribers with Women Representing About 48%?
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Synopsis
The Atal Pension Yojana has reached a remarkable landmark of 7.65 crore subscribers, with women accounting for 48% of this number. This initiative, aimed at providing retirement security to India's unorganised workforce, is making strides in promoting financial independence and long-term savings among low-income families.
Key Takeaways
- 7.65 crore subscribers under the Atal Pension Yojana.
- Women make up 48% of total subscribers.
- Launched in 2015 to provide retirement security.
- Pension slabs range from Rs 1,000 to Rs 5,000 monthly.
- Minimum contribution period is 20 years.
New Delhi, May 16 (NationPress) The Atal Pension Yojana has achieved an extraordinary milestone of 7.65 crore subscribers, with women constituting approximately 48 per cent of the total, as per government statistics.
Launched in May 2015, the Atal Pension Yojana (APY) aims to tackle the dual challenges of longevity risks and the lack of retirement security facing India’s extensive unorganised workforce.
This scheme, which offers defined pension benefits based on the age of enrollment and contribution amounts, was crafted to promote voluntary savings for retirement.
Primarily targeting economically disadvantaged and underprivileged workers in the informal sector, the APY has become one of the most inclusive and accessible social security programs in India.
According to the Social Welfare department, “As of April 2025, APY has gathered over 7.65 crore subscribers, raising a total fund of Rs 45,974.67 crore.”
Moreover, the scheme has recorded a notable increase in participation from women, who now account for about 48 per cent of all subscribers.
Interestingly, women represent over 55 per cent of new subscribers in the fiscal year 2024-25.
During this same timeframe, there has been a remarkable rise in overall enrollments.
The APY was originally accessible to all Indian citizens aged between 18 and 40. However, from October 2022, individuals who pay income tax are ineligible to join the scheme.
This initiative guarantees subscribers a fixed monthly pension upon reaching the age of 60, determined by their contributions. Available pension slabs include: Rs 1,000, Rs 2,000, Rs 3,000, Rs 4,000, and Rs 5,000 per month.
The minimum contribution duration is 20 years, depending on the age at which one joins.
“The Atal Pension Yojana has become a fundamental part of India’s social security framework, particularly for its large unorganised workforce. With nearly 7.65 crore subscribers and a consistently growing pension fund, this scheme not only ensures financial independence for the elderly but also fosters a culture of long-term savings among low-income families,” stated the Department.
The APY’s reach has expanded throughout India, thanks to the government’s ongoing emphasis on digital integration, women’s participation, and rural outreach efforts.
“The Atal Pension Yojana is steadily advancing towards its vision of 'Pension for All.'
Point of View
I believe the Atal Pension Yojana stands as a pivotal achievement in India's social security landscape. With its focus on inclusivity and financial empowerment, the scheme addresses the pressing needs of our unorganised workforce. It is essential for us as a nation to continue supporting such initiatives that promise a secure future for our citizens.
NationPress
20/09/2025
Frequently Asked Questions
What is the Atal Pension Yojana?
The Atal Pension Yojana is a government initiative launched in 2015 to provide retirement security to India's unorganised workforce.
Who can enroll in the Atal Pension Yojana?
Initially, all Indian citizens aged 18-40 could enroll. However, since October 2022, income taxpayers are not eligible to join.
What are the pension benefits under APY?
Subscribers receive a fixed monthly pension at age 60, based on their contributions, with available slabs ranging from Rs 1,000 to Rs 5,000.
How many subscribers does APY currently have?
As of April 2025, the Atal Pension Yojana has accumulated over 7.65 crore subscribers.
What percentage of APY subscribers are women?
Women currently make up approximately 48% of all APY subscribers.
