by AIP Online Bureau | Jun 22, 2024 | Data, Eco/Invest/Demography, Pension & Social Security
The government pension scheme achieved a growth of 24 per cent in gross enrolments at the end of FY 23-24 standing at 64.4 million. APY is rapidly gaining popularity among women and youth. In FY24, out of the total enrolments, 52 per cent were women and out of the...
by AIP Online Bureau | Mar 26, 2024 | Eco/Invest/Demography, Indian News, Pension & Social Security
“Atal Pension Yojana is designed based on best practice choice architecture to automatically continue the premium payment unless the subscriber opts out. This is a deliberate and beneficial feature which is in the best interest of the subscribers,” Nirmala...
by AIP Online Bureau | Jul 18, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy
Deepak Mohanty,Chairman, Pension Fund Regulatory and Development Authority The government is expected to issue sovereign green bonds in the second half of the current financial year as part of the overall market borrowing programme New Deelhi: Pension Fund Regulatory...
by AIP Online Bureau | Apr 28, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Policy
According to Finance Ministry sources, the scheme enrolled more than 1.19 crore new subscribers in 2022-23 as compared to 99 lakh in the corresponding fiscal, registering a growth of 20 per cent As on date, the total assets under management (AUM) in APY is more than...
by AIP Online Bureau | Mar 10, 2023 | Data, Eco/Invest/Demography, Pension & Social Security, Wealth Management/ Philanthropy
Of the total 6.24 crore subscribers currently, 23.86 lakh and 60.72 lakh are central and state government employees, respectively. Corporate subscribers stood at 16.63 lakh New Delhi: The number of subscribers under the National Pension Scheme (NPS) and Atal Pension...
