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GS3 · Pensions

NPS Diwas: 9 crore subscribers, ₹15.5 lakh crore AUM

1 min readCapital Market & SEBIWelfare Schemes for Vulnerable Sections
Battle IAS current affairs title card: NPS Diwas: 9 crore subscribers, ₹15.5 lakh crore AUM (GS3 · Pensions, 2 October 2025)
Asked by UPSCPrelims 20171 PYQ

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

What happened

  • PFRDA observed NPS Diwas on 1 October 2025. NPS had over 9 crore subscribers and ₹15.5 lakh crore AUM, with 9% CAGR over 14 years, as of 31 August [PIB].
  • PFRDA launched a Multiple Schemes Framework and signed an MoU with NABARD [PIB].

Background

  • NPS Diwas is observed every year on 1 October [PIB].

Why it matters

  • Most informal workers still have no pension. Products for gig workers and farmers are where coverage must grow.

How to use this in Mains

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

  1. As per PIB (2025-10-02): PFRDA observed NPS Diwas on 1 October 2025. NPS had over 9 crore subscribers and ₹15.5 lakh crore AUM, with 9% CAGR over 14 years, as of 31 August.
  2. Most informal workers still have no pension. Products for gig workers and farmers are where coverage must grow.
Quotable data point

PFRDA observed NPS Diwas on 1 October 2025.

PIB: Finance: NPS Diwas 2025, 2 Oct 2025

Exam angle

UPSC

Prelims: PFRDA, NPS.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

NPS Diwas is on

Answer (a) & explanation

PIB.

Practice · UPSC

NPS subscribers (Aug 2025)

Answer (b) & explanation

PIB.

Practice · UPSC

PFRDA signed an MoU with

Answer (a) & explanation

PIB.

Go deeper

ExplainerSocial Justice (GS-II): Constitutional Basis, Vulnerable Sections, Welfare Schemes, Statutory Bodies and Implementation Gaps (UPSC Notes)

Official source: PIB: Finance: NPS Diwas 2025, 2 Oct 2025

facts from cited sources only; faculty review pending