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

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Next Story
Real Estate

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Next Story
Infrastructure Urban

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?