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Atal Pension Yojana: 1.17 crore new subscribers

1 min readInsurance & PensionWelfare Schemes for Vulnerable Sections
Battle IAS current affairs title card: Atal Pension Yojana: 1.17 crore new subscribers (GS2 · Social security, 25 August 2025)
Asked by UPSCPrelims 20161 PYQ

UPSC has already asked about this. Read the story with these questions in mind.

What happened

  • APY added more than 1.17 crore subscribers in FY 2024-25; 46% of enrolments came from people aged 18-25 [PIB].
  • AUM is over ₹48,000 crore, with 9.12% CAGR since inception [PIB].

Background

  • PFRDA administers APY [PIB].

Why it matters

  • Informal workers need small, regular pension savings.

How to use this in Mains

GS-II Indian economy: mobilisation of resources, financial inclusion

  1. As per PIB (2025-08-25): APY added more than 1.17 crore subscribers in FY 2024-25; 46% of enrolments came from people aged 18-25.
  2. Informal workers need small, regular pension savings.
Quotable data point

AUM is over ₹48,000 crore, with 9.12% CAGR since inception.

PIB: APY felicitation, 25 Aug 2025

Exam angle

UPSC

Prelims: APY.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

APY is administered by

Answer (b) & explanation

PIB.

Go deeper

ExplainerInsurance Sector in India: IRDAI, the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act 2025, 100% FDI, Penetration, Government Schemes and Insurance for All by 2047 (UPSC Notes + PYQs)ExplainerSocial Justice (GS-II): Constitutional Basis, Vulnerable Sections, Welfare Schemes, Statutory Bodies and Implementation Gaps (UPSC Notes)

Official source: PIB: APY felicitation, 25 Aug 2025

facts from cited sources only; faculty review pending