Atal Pension Yojana (APY) — the best contributor to the subscriber base — registered a development of 31.6 per cent to three.72 crore by finish of Could this fiscal 12 months.
The variety of subscribers underneath NPS for central authorities staff rose by 5.28 per cent to 22.97 lakh, whereas that for state governments grew by 7.70 per cent to 56.40 lakh.
For the company sector, the variety of NPS subscribers elevated by 26.83 per cent to 14.69 lakh, whereas that for the all residents class jumped by 39.11 per cent to 23.61 lakh by the top of Could, the information confirmed.
Below the NPS Lite class, whereby no recent registration is permitted from April 2015, the subscribers fell by 2.7 per cent to 41.85 lakh.
The full belongings underneath administration (AUM) underneath the 2 schemes grew by 21.5 per cent to cross Rs 7.38 lakh crore as of Could 31, 2022.
The AUM underneath APY stood at Rs 21,142 crore, whereas the NPS accounted for the remaining Rs 7,17,172 crore.
APY is especially focused in the direction of offering social safety profit after retirement to those that work within the unorganised sector and type a big chunk of employment within the nation.
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