Easy to Explain Benefits drive Atal Pension Yojana (APY) backed by Government of India’s Guarantee;

Easy to Explain Benefits drive Atal Pension Yojana (APY) backed by Government of India’s Guarantee;The Subscriber base under APY has crossed 1.24 crore mark; More than 27 lacs new subscribers have joined the Scheme during the Current Financial Year 2018-19

The Atal Pension Yojana (APY) is the guaranteed Pension Scheme of Government of India administered by PFRDA.

The Subscriber base under APY has crossed 1.24 crore mark. The Govt of India guarantees the pension benefits. The Scheme is very easy to understand and it is very transparent. More than 27 lacs new subscribers have joined the Scheme during the current financial year, i.e. 2018-19. States like Uttar Pradesh, Bihar, Andhra Pradesh, Maharashtra and Karnataka are the top contributors in APY enrollment. The Scheme allows any Indian Citizen between the age group of 18-40 years to join through the bank or post office branches where one has the savings bank account. The table below shows State wise enrollment, gender wise distribution and coverage along with the latest population in those States.

The State wise potential, that is eligible population that can be covered under APY, and gender wise distribution of population as on 27^th Oct 2018 is given below:

S.No	STATE	POPULATION BETWEEN AGE GROUP 18 TO 40	Number of APY Subscribers as on 27.10.2016	Percentage of Population Covered under APY	Total Female Subscribers	Percentage of Female Subscribers	Total Male Subscibers	Percentage of Male Subscribers	Total Transgender Subscribers	Percentage of Transgender Subscribers	Total
1	ANDAMAN & NICOBAR ISLANDS	168,753	1,856	1	715	39	1,141	61	0	0	1,856
2	ANDHRA PRADESH & TELANGANA	34,832,527	1,128,032	3	565,804	50	561,843	50	385	0	1,128,032
3	ARUNACHAL PRADESH	542,212	4,507	1	1,936	43	2,571	57	0	0	4,507
4	ASSAM	12,291,862	250,783	2	109,481	44	141,259	56	43	0	250,783
5	BIHAR	35,484,731	1,116,119	3	559,297	50	556,707	50	115	0	1,116,119
6	CHANDIGARH	473,489	19,408	4	6,383	33	13,023	67	2	0	19,408
7	CHHATTISGARH	9,675,449	194,442	2	77,620	40	116,810	60	12	0	194,442
8	DADRA & NAGAR HAVELI	161,941	6,689	4	1,350	20	5,337	80	2	0	6,689
9	DAMAN & DIU	134,502	4,697	3	735	16	3,962	84	0	0	4,697
10	DELHI	7,266,256	205,759	3	67,330	33	138,376	67	53	0	205,759
11	GOA	595,087	28,951	5	10,480	36	18,468	64	3	0	28,951
12	GUJARAT	23,827,045	591,045	2	179,603	30	411,318	70	124	0	591,045
13	HARYANA	10,104,539	278,199	3	75,688	27	202,460	73	51	0	278,199
14	HIMACHAL PRADESH	2,685,526	79,964	3	27,241	34	52,711	66	12	0	79,964
15	JAMMU & KASHMIR	4,775,045	47,614	1	12,025	25	35,551	75	38	0	47,614
16	JHARKHAND	11,967,910	258,688	2	128,426	50	130,239	50	23	0	258,688
17	KARNATAKA	25,359,036	915,260	4	389,509	43	525,564	57	187	0	915,260
18	KERALA	11,943,218	276,115	2	151,103	55	124,961	45	51	0	276,115
19	LAKSHADWEEP	25,877	295	1	80	27	215	73	0	0	295
20	MADHYA PRADESH	27,234,721	662,515	2	226,775	34	435,630	66	110	0	662,515
21	MAHARASHTRA	45,274,703	1,000,604	2	354,301	35	646,088	65	215	0	1,000,604
22	MANIPUR	1,140,447	8,031	1	3,833	48	4,198	52	0	0	8,031
23	MEGHALAYA	1,068,987	9,049	1	3,705	41	5,344	59	0	0	9,049
24	MIZORAM	432,946	5,798	1	3,089	53	2,709	47	0	0	5,798
25	NAGALAND	783,664	7,214	1	2,986	41	4,228	59	0	0	7,214
26	ODISHA	16,118,865	398,416	2	161,799	41	236,501	59	116	0	398,416
27	PUDUCHERRY	512,040	23,991	5	12,601	53	11,381	47	9	0	23,991
28	PUNJAB	11,134,889	381,405	3	120,374	32	261,003	68	28	0	381,405
29	RAJASTHAN	25,277,598	569,052	2	173,965	31	394,957	69	130	0	569,052
30	SIKKIM	264,461	6,828	3	2,606	38	4,221	62	1	0	6,828
31	TAMIL NADU	29,069,600	968,372	3	529,395	55	438,679	45	298	0	968,372
32	TRIPURA	1,503,503	28,786	2	12,544	44	16,240	56	2	0	28,786
33	UTTAR PRADESH	71,289,176	1,790,481	3	594,235	33	1,195,808	67	438	0	1,790,481
34	UTTARAKHAND	3,810,712	122,871	3	40,855	33	81,997	67	19	0	122,871
35	WEST BENGAL	36,688,732	709,869	2	324,163	46	385,522	54	184	0	709,869
	TOTAL	463,920,049	12,101,705	3	4,932,032	41	7,167,022	59	2,651	0	12,101,705