More than 57,000 lakh rupees disbursed under Atal Pension Yojana till February this year

Government has said that more than 57 thousand lakh rupees have been disbursed under Atal Pension Yojana till February this year.

Minister of State for Finance and Corporate Affairs Anurag Singh Thakur said this in a written reply to a question in Lok Sabha. He said, the Atal Pension Yojana is a Government Scheme launched on 9th May, 2015, and became operational with effect from 1st June, 2015.

He said, It is open to all citizens of India between 18 to 40 years of age, having a savings bank account in a bank or post office. The benefits of the scheme will arise to the subscribers on attaining the age of 60 years and under the scheme, five pension plan slabs are available from one thousand to five thousand rupees.

The Minister further stated that the Central Government co-contributes 50 per cent of the total contribution or one thousand rupees per annum, whichever is lower, for those subscribers who have joined the scheme during the period 1st June, 2015 to 31st March, 2016.


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