Atal Pension Yojana Hindi | Pradhan Mantri Atal Pension Yojana in hindi
Atal Pension Yojna a great financial boost for them who are working in Unorganised Sector.
The Indian Government is striving hard to make the life of the old people much easier and convenient by supporting them financially. Introduction of the ATAL PENSION YOJANA is one such leap towards the betterment of the elderly people. This welfare scheme involves providing income security to the poor who are working in the unorganized sector. The plan includes encouraging them to save enough funds before they retire. No doubt, this would boost their financial confidence and would support them in old age when they actually need it the most.
Atal Pension Yojna is basically a pension scheme for unorganised sector in India.It is launched by PM Narendra Modi.
A very good move to give financial support at Old age who were working in unorganized Sector.
The main benefit of the scheme is that it will bring financial security at old age without much investment. The same will also help promote the culture of saving and investment in the current generation of Indian population.
In Atal Pension Yojana, for every contribution made to the pension fund, The Central Government would also co-contribute 50% of the total contribution or ₹1,000 per annum, whichever is lower, to each eligible subscriber account, for a period of 5 years. The minimum age of joining APY is 18 years and maximum age is 40 years. The age of exit and start of pension would be 60 years. Therefore, minimum period of contribution by the subscriber under APY would be 20 years or more.
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