NPS and APY Assets Cross Rs 16 Trillion Milestone
ECONOMY & POLICY

NPS and APY Assets Cross Rs 16 Trillion Milestone

The combined Assets Under Management (AUM) of the National Pension System (NPS) and the Atal Pension Yojana (APY) have surpassed Rs 16 trillion, marking a significant milestone in India’s pension sector. The subscriber base has also expanded beyond 90 million, reflecting the growing adoption of formal retirement savings across the country.

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced several initiatives to strengthen the NPS framework and enhance pension inclusion. Among these is the Multiple Scheme Framework (MSF), effective from 1 October 2025, which provides subscribers with greater investment choice and flexibility in managing their retirement portfolios.

PFRDA has also launched the NPS Platform Workers Model, extending pension coverage to gig economy workers, alongside releasing a Consultation Paper on NPS Overhaul, which proposes graded payouts and flexible annuity options to improve retirement adequacy.

A targeted outreach campaign has been rolled out to expand pension access among farmers, MSME employees, self-help group (SHG) members, and other participants in the informal sector. These efforts underscore PFRDA’s ongoing focus on inclusion, innovation, and financial security.

With this achievement, PFRDA reaffirmed its commitment to ensuring old-age income security for every Indian, in alignment with the national vision of a financially resilient and inclusive India.

The combined Assets Under Management (AUM) of the National Pension System (NPS) and the Atal Pension Yojana (APY) have surpassed Rs 16 trillion, marking a significant milestone in India’s pension sector. The subscriber base has also expanded beyond 90 million, reflecting the growing adoption of formal retirement savings across the country. The Pension Fund Regulatory and Development Authority (PFRDA) has introduced several initiatives to strengthen the NPS framework and enhance pension inclusion. Among these is the Multiple Scheme Framework (MSF), effective from 1 October 2025, which provides subscribers with greater investment choice and flexibility in managing their retirement portfolios. PFRDA has also launched the NPS Platform Workers Model, extending pension coverage to gig economy workers, alongside releasing a Consultation Paper on NPS Overhaul, which proposes graded payouts and flexible annuity options to improve retirement adequacy. A targeted outreach campaign has been rolled out to expand pension access among farmers, MSME employees, self-help group (SHG) members, and other participants in the informal sector. These efforts underscore PFRDA’s ongoing focus on inclusion, innovation, and financial security. With this achievement, PFRDA reaffirmed its commitment to ensuring old-age income security for every Indian, in alignment with the national vision of a financially resilient and inclusive India.

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App