Page-4 of Atal Pension Yojana Current Affairs, GK & News

Atal Pension Yojana reaches subscriber base of 80 lakh

The Pension Fund Regulatory and Development Authority of India (PFRDA) has announced that Atal Pension Yojana (APY) run by it has reached a subscriber base of 80 lakh and is growing at good pace. Uttar Pradesh is the highest contributing state at 11.41 lakh APY subscribers, followed by Bihar (8.87 lakh) and Tamil Nadu (6.60 ..

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India improves in pension index

The index value for India in Melbourne Mercer global pension index has improved from 40.3 in 2015 to 43.4 in 2016 because of an increase in the net replacement rate. It is a measure of the adequacy of post-retirement income. The index was published by the Australian Centre for Financial Studies in collaboration with Mercer, ..

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NPS Lite accounts cross 11 Lakh mark

In terms of the number of accounts opened, the New Pension System (NPS) – Lite scheme meant for the economically disadvantaged, has left behind its older twin NPS-Main focussed on the organised sector. NPS-Lite has already passed 11 lakh subscribers in a small time span. As per the latest figures, the NPS-Lite accounts doubled in ..

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