NPS and APY Assets Cross Rs 16 Trillion Milestone

10 Oct 2025 CW Team

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.

Equipment

29 Nov 2025

Powering India’s Infra Future

Excon 2025, South Asia’s largest construction equipment exhibition, is set to return in a grand 13th edition from 9-13 December 2025 at the Bangalore International Exhibition Centre (BIEC), Bengaluru. Organised by the Confederation of Indian Industry (CII) and supported by the Indian Construction Equipment Manufacturers’ Association (ICEMA), the mega event is expected to reinforce its position as the premier marketplace for construction technologies, equipment and infrastructure solutions. The event will host over 1,250 exhibitors, including 160+ international participants, and attract mor..

India will be a strategic part of our growth to 2028

Smiley Monroe is strengthening its footprint in India as a key growth market for its conveyor belts and engineered components business. In this interaction, Prabhu Gopinath, Operations Director, outlines the company’s expansion roadmap, quality focus, and sustainability commitments driving future scale.Can you share Smiley Monroe's journey and its core mission?Smiley Monroe was started in Northern Ireland in 1979, supplying conveyor belts to local quarries. Since then, the company has grown to become a global leader in the supply of endless belts and CNC-cut rubber and plastic part..

Infra Engineers India Pvt Ltd Accelerates Hybrid Excavation

Infra Engineers India Pvt Ltd (IEPL), headquartered in Chennai, has emerged as a trusted name in the used construction equipment business for nearly a decade. What sets IEPL apart is its commitment to research and development, consistently pushing the boundaries of innovation to deliver cutting-edge solutions to the industry.A first-of-its-kind hybrid excavatorAmong IEPL’s most significant achievements is the development of the pioneering Dual Electric & Diesel Hybrid Excavator—the first of its kind in the construction equipment industry, a breakthrough that even major OEMs have yet to..