Subscriber base of NPS, APY up 22% to 4.05 crore at January-end 2021: PFRDA

Current GK ( Master) Indian Economy

The number of subscribers under government-run pension schemes NPS and APY rose nearly 22 per cent to 4.05 crore at January-end this year, according to data from PFRDA.
There were over 3.33 crore subscribers under both the schemes by the year-ago same period.
As per the Pension Fund Regulatory and Development Authority (PFRDA), it shows a year-on-year increase of 21.63 per cent.
Under Atal Pension Yojana (APY), there was an increase of 31.17 per cent in the subscriber base to 2.65 crore at January-end 2021 as against 2.02 crore in the year-ago period, showed the PFRDA data.
Giving a break-up of the types of subscribers under the National Pension System(NPS), PFRDA said central government employees subscriber base rose 3.74 per cent to 21.61 lakh, while state government employees base increased 7.44 per cent to 50.43 lakh at end-January 2021.