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PFRDA releases National Pension System (NPS) and Atal Pension Yojana (APY) Data for Dec. 2020

1. As on 31st December 2020, number of subscribers under the National Pension System (NPS) and Atal Pension Yojana (APY) rose to 397.70 lakh showing a year- on- year (Y-o-Y) increase of 21.67% (Table No- 1)



Table-1: Number of Subscribers in various schemes under NPS and APY

(No. in Lakh)

S.N.

Sector

Dec-19

Mar-20

Dec-20

Growth %

YOY

 

1

Central Government

20.69

21.02

21.53

4.06

2

State Government

46.48

47.54

50.06

7.70

3

Corporate Sector

9.11

9.74

10.77

18.22

4

All Citizen Sector

10.87

12.52

14.45

32.93

5

NPS Lite*

43.35

43.32

43.09

-0

6

Atal Pension Yojana

196.37

211.42

257.80

31.28

Grand Total

326.86

 

345.55

397.70

21.67

 

*No fresh Registration permitted w.e.f. 01st April 2015

2.  As on 31st December 2020, total pension assets under management stood at Rs. 5,48,913 crore showing a Y-o-Y growth of 36.83% (Table No. 2).

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Table- 2: Total Assets under Management under NPS and APY                             (Rs. In Crore)

S.N.

Sector

Dec-19

Mar-20

Dec-20

Growth %

YOY

 

1

Central Government

133573

138046

1,75,965

31.74

2

State Government

202047

211023

2,77,149

37.17

3

Corporate Sector

39766

41243

57,723

45.16

4

All Citizen Sector

12224

12913

19,033

55.71

5

NPS Lite

3753

3728

4,319

15.07

6

Atal Pension Yojana

9788

10,526

14,724

50.42

Grand Total

4,01,152

4,17,479

5,48,913

36.83

For further information on NPS and APY please visit www.pfrda.org.in

About PFRDA

Pension Fund Regulatory and Development Authority (PFRDA) is the statutory authority established by an enactment of the Parliament, to regulate, promote and ensure orderly growth of the National Pension System (NPS) and pension schemes to which this Act applies. NPS was initially notified for central government employees recruits wef 1st Jan 2004 and subsequently adopted by almost all State Governments for its employees. NPS was extended to all Indian citizens (resident/non-resident/overseas) voluntarily and to corporates for its employees.

As on 10th Oct 2020, the total number of subscribers under NPS and Atal Pension Yojana has crossed 3.76 crores and the Asset under Management (AUM) has grown to Rs 5,05,424 crores.

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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