NPS and APY assets cross ₹16 lakh crore
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Asked by UPSCPrelims 20171 PYQ
UPSC has already asked about this. Read the story with these questions in mind.
What happened
- Combined AUM of NPS and Atal Pension Yojana crossed ₹16 lakh crore on 9 October 2025; subscribers passed 9 crore [PIB].
- PFRDA has introduced the Multiple Scheme Framework (from 1 October 2025), an NPS model for platform (gig) workers and a consultation paper on payouts [PIB].
Background
- APY targets informal workers with a guaranteed pension [PIB mentions informal-sector outreach].
Why it matters
- Gig worker coverage links to the Code on Social Security.
How to use this in Mains
- As per PIB (2025-10-09): combined AUM of NPS and Atal Pension Yojana crossed ₹16 lakh crore on 9 October 2025; subscribers passed 9 crore.
- Gig worker coverage links to the Code on Social Security.
Quotable data pointPFRDA has introduced the Multiple Scheme Framework (from 1 October 2025), an NPS model for platform (gig) workers and a consultation paper on payouts.
PIB: Finance: NPS and APY AUM cross ₹16 lakh crore, 9 Oct 2025
Exam angle
UPSC
Prelims: APY, NPS.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
Combined AUM crossed
Answer (b) & explanation
PIB.
Practice · UPSC
MSF effective from
Answer (b) & explanation
PIB.
Practice · UPSC
New NPS model is for
Answer (a) & explanation
PIB.
Go deeper
Official source: PIB: Finance: NPS and APY AUM cross ₹16 lakh crore, 9 Oct 2025
facts from cited sources only; faculty review pending