Government schemes
What is Atal Pension Yojana?
Atal Pension Yojana is a central sector run by the Ministry of Finance, launched in 2015.
The detail
| Ministry | Finance |
|---|---|
| Launched | 2015 |
| Type | central sector |
| Funding | Subscriber contributions; administered by PFRDA |
| Aim | Guaranteed minimum pension of Rs 1,000 to 5,000 per month for unorganised-sector workers, from age 60 |
Commonly confused: Administered by PFRDA; income-tax payers are not eligible to join since October 2022.
Source: en.wikipedia.org/wiki/Atal_Pension_Yojana
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