Uttar Pradesh Leads in Atal Pension Yojana Enrolments

Uttar Pradesh tops the country's enrolments under the Atal Pension Yojana (APY), a central scheme providing pensions to the unorganised sector. With over 1.20 crore people registered, the state exceeded its target, prompting national recognition. Major banks played a vital role in this achievement.

Uttar Pradesh has emerged as the frontrunner in enrolments under the central government's Atal Pension Yojana (APY), with over 1.20 crore people registered, the state government announced on Friday.

The top five districts leading in new registrations are Prayagraj, Lucknow, Bareilly, Fatehpur, and Kanpur Nagar, according to the government's statement.

This central scheme, launched in 2015, offers a monthly pension from Rs 1,000 to Rs 5,000 to citizens working in the unorganised sector. Contributions are auto-debited from savings, ensuring flexible payment intervals. Upon the subscriber's passing, the pension continues to the spouse, with the corpus awarded to the nominee afterwards.

(With inputs from agencies.)