CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the Finance Ministry data, the Atal Pension Yojana (APY) subscribers figure crossed which milestone in 2022?
A
1 million
B
10 million
C
5 million
D
50 million
Explanation: 

Detailed explanation-1: -20 crore mark. Total enrolment under Atal Pension Yojana crossed 5.20 crore mark as on 31 March 2023. The scheme enrolled more than 1.19 crore new subscribers in FY 2022-23 as compared to 99 lakh in the last financial year, depicting a growth of more than 20%.

Detailed explanation-2: -The scheme was launched on 9th May 2015 by Prime Minister Shri Narendra Modi with the objective of delivering old age income security to all citizens of India, particularly to the workers in the unorganised sector.

Detailed explanation-3: -Over 5.25 crore subscribers enrolled in APY marking 8 years of successful implementation. Atal Pension Yojana (APY) a flagship social security scheme of the Government of India, has completed eight years of successful implementation.

Detailed explanation-4: -Fresh registration under Swavalamban Scheme has been discontinued w.e.f April 1, 2015. The subscribers of Swavalamban/ NPS Lite who are in the age group of 18-40 years have been given option to migrate to new Atal Pension Yojana launched by the Govt.

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