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Atal Pension Yojana
November 10 , 2019
1715 days
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- The Atal Pension Yojana (APY) has crossed 1.9 crore subscriber mark.
- It is a flagship pension scheme of the government to cover the workers in the unorganized sector and are not covered under any social security scheme.
- Among public sector banks, State Bank of India contributed with nearly 11.5 lakh additions.
- Under private sector bank category, HDFC Bank was the top contributor in terms of number of enrolments.
- The PFRDA (Pension Fund Regulatory and Development Authority) has envisioned to expand the subscribers base under APY by targeting 2.25 crore people by March 2020.
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