If you too are thinking seriously about your retirement, then this news is very important for you. The National Pension System (NPS) and Atal Pension Yojana (APY) have received tremendous response from common people in FY 2024-25. It has become clear from a large number of new investors to join that now people are expressing confidence in government schemes to make their future safe and are becoming more aware about retirement funds.
More than 1.2 million new subscribers are added to NPS
According to the Pension Fund Regulatory and Development Authority (PFRDA), in FY 2024-25, more than 12 lakh new people from the private sector are connected to the National Pension System. With this great growth, by March 2025, the total number of subscribers in NPS has increased to more than 165 lakh (1.65 crore).
Apart from this, people have shown tremendous interest in the special scheme NPS Vatsalya launched for children. More than 1 lakh children have been enrolled in this scheme since September 2024. This trend shows that now parents are also becoming serious about their children’s financial future.
Recorded growth in Atal Pension Yojana
Not only NPS, Atal Pension Yojana (APY) has also set new records this year. About 1.17 crore (11.7 million) new subscribers are associated with the scheme in FY 2024-25. After this, the number of total APY subscribers has increased to more than 7.6 million (76 million).
Significantly, the Atal Pension Yojana has maintained a record of adding more than 1 crore new people every year for the third consecutive year. This indicates that the citizens of the country are participating extensively in guaranteed pension schemes.
APY’s specialty and benefits
The Atal Pension Yojana is especially made for workers of unorganized sector and low income groups. The scheme provides guaranteed pension ranging from Rs 1,000 to 5,000 every month after the age of 60 years.
If the person involved in the scheme dies, then his spouse gets the same pension. The amount deposited after the death of both is transferred to the nominee. APY has celebrated its 10th anniversary this year and has given an average of 9.11% annual return so far, which makes it even more attractive for investment.
Investment increases strongly under NPS-PY
By March 2025, the total investment ie AUM (Assets Under Management) has crossed the level of Rs 14.43 lakh crore under the National Pension System and Atal Pension Yojana. This reflects an increase of 23% compared to the previous year.
This figure proves that now Indian citizens are not only planning retirement, but are also actively investing to secure it.
Increasing participation of women is a pleasant sign
An interesting aspect of this time was that 55% of the new subscribers were women. This clearly indicates that now women are also becoming serious about their financial future and are taking strong steps towards financial self -sufficiency.
Awareness campaign conducted across the country
PFRDA conducted 32 major awareness campaigns across the country during the year 2024-25. In these campaigns, special training was given to the employees of banks and through social media, local events, and digital platforms, the general public was made aware of the benefits of NPS and APY.
The result of these efforts is that today millions of people are making their future safe by joining these schemes.
How to take advantage of these schemes?
Now opening Atal Pension Yojana (APY) account has become even easier. Users can open their account through digital medium by selecting CAMS, KFIN or Protean Egov Technologies.
The money from a bank or post office account is deducted directly through auto-debit, which does not cause any problem in payment and users can avail the scheme without any hassle.
conclusion
If you also want your financial condition after retirement to be strong and safe, then NPS and Atal Pension Yojana are the best options for you. Government guarantee, regular pension and easy process are making them rapidly popular among the common people.
Today, decide to invest in these schemes and make your future financially strengthened, because today’s small investment can become a big support of tomorrow.
