According to the Pension Fund Regulatory and Development Authority (PFRDA), over 7.65 crore citizens have enrolled in the Atal Pension Yojana (APY) by March 2025, receiving pension security under the scheme. Entering its tenth year, the scheme has emerged as a significant socio-economic achievement, providing millions with the assurance of self-reliance in old age.
The Atal Pension Yojana is considered one of the flagship and visionary schemes of the Indian government. It has set a new benchmark in the field of social security. PFRDA's latest data reveals that over 7.65 crore people have joined the scheme so far. This figure not only reflects its widespread popularity but also proves that the Indian population is becoming increasingly aware and cautious about financial security in old age.
A Glimpse into the Atal Pension Yojana
Prime Minister Narendra Modi launched the Atal Pension Yojana on May 9, 2015, from Kolkata. The scheme's primary objective is to provide financial security in the form of a regular pension after retirement to workers in the unorganized sector and low-income citizens.
Today, the scheme's record-breaking success proves that millions of unorganized sector employees are now more conscious of their future and are making concrete retirement plans through government schemes.
Growing Popularity of the Atal Pension Yojana
The Atal Pension Yojana added over 1.17 crore new subscribers in the fiscal year 2024-25. Over ₹44,780 crore has been accumulated in the scheme so far, reflecting its strength and the growing trust of the people.
Eligibility for the Atal Pension Yojana
Indian citizens aged between 18 and 40 years can join this central government scheme. Upon retirement, i.e., upon reaching the age of 60, the beneficiary receives a monthly pension ranging from ₹1,000 to ₹5,000, ensuring their financial security in old age.
Over 7.65 Crore People Benefitting from the Pension
According to the Pension Fund Regulatory and Development Authority (PFRDA), the Atal Pension Yojana has provided pension security to over 7.65 crore subscribers by March 2025. The scheme is in its tenth year, and this figure reflects its unprecedented success.
Increasing Participation of Youth and Women
Approximately 70% of the subscribers in this scheme are aged between 18 and 30 years. Furthermore, 52% of the total subscribers are women, indicating that young people and women are actively planning for their future security and consider the Atal Pension Yojana a reliable option.
Top Performing States in the Atal Pension Yojana
Uttar Pradesh has the highest number of Atal Pension Yojana members, with over one crore people enrolled in the scheme. Millions more from states like Bihar, Maharashtra, West Bengal, and Tamil Nadu have also chosen to be a part of this scheme.
