Pension Coverage Challenges Under Atal Pension Yojana

India has more people signing up for Atal Pension Yojana, but many workers in the informal sector still have no retirement security. The scheme has passed 9 crore subscribers. Still, many people across the country aren't covered. It's a problem that the Centre stopped its co-contribution help in 2020, so now workers have to save everything themselves.

Union Cabinet extended the scheme until FY31. However, the fixed monthly pension of ₹1,000 to ₹5,000 hasn't changed to keep up with inflation. Some state governments are now adding their own money to help. More people know about the scheme now. Still, the benefits need to be better to really protect old workers.

Other Support Options

People looking for more help can find details about National SC/ST Hub Scheme here or Deendayal Antyodaya Yojana here.