Quick Summary
The Government has made a co-contribution amount of Rs 57,078.22 lakh disbursed till February 2021 under Atal Pension Yojana, this was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance Corporate Affairs, in a written reply to a question in Lok Sabha today. Giving more details, the Atal Pension Yojana is a Government of India Scheme launched on 9thMay, 2015, and became operational w.e.f. 1st June, 2015. It is open to all citizens of India between 18-40 years of age, havi
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 07941056694
FAQ :
As of February 2021, a total co-contribution of Rs 57,078.22 lakh has been disbursed under the Atal Pension Yojana.
The Atal Pension Yojana was launched by the Government of India on 9th May 2015 and became operational from 1st June 2015.
The scheme is open to all citizens of India between 18 and 40 years of age who have a savings bank account.
There are five pension plan slabs available: Rs 1000, Rs 2000, Rs 3000, Rs 4000, and Rs 5000 guaranteed by the Government of India to the subscriber at age 60.
In the event of the subscriber's death, the same pension is guaranteed to their spouse by the Government of India. If both the subscriber and spouse pass away, the full pension corpus is returned to the nominee.
Measures include changing contribution payment modes to monthly, quarterly, and half-yearly, allowing subscribers to upgrade or downgrade pension amounts, providing an official mobile app, and enabling paperless onboarding for existing bank customers.
CAclubindia
