Which milestone was reached in 2022 according to data from the Finance Ministry regarding Atal Pension Yojana (APY) subscribers?
10 million.
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A pension program aimed at employees in the unorganized sector is called the Atal Pension Yojana (APY). In 2022, with enrollments up 36%, it had the most subscribers ever. According to information made public by the finance ministry, the number surpassed 10 million for the first time in a calendar year. From 9.2 million in 2021 to 12.5 million in 2022, enrollments increased. Eighty two percent of subscribers chose a monthly pension of Rs 1,000.
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