More than 58 lakhs subscribers to Atal Pension Yojana (APY)

The number of subscribers of the Atal Pension Yojana (APY) during each of the last three years is as follows:

Particulars

As on 31.03.2016

As on 31.03.2017

As on 22.07.2017

Cumulative Subscribers

24,84,895

48,83,829

58,08,071

The funds allocated under APY during each of the last three years is as follows:

(Rs. in crore)

Particulars

2015-16

2016-17

2017-18

Budget Estimates

173

120

155

The requirement of fund for APY is assessed as per the progress made under the Scheme and necessary provisioning of fund is done at appropriate stage.

Vide Gazette Notification dated 11th May, 2017, an individual eligible for receiving the benefits under APY has been required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication. Provided that till the time Aadhaar is assigned to the individual, benefits under the Scheme shall be given to such individuals, subject to the production of the following identification documents :-

i. if she or he has enrolled, her or his Aadhaar Enrolment ID slip; or a copy of her or his request made for Aadhaar enrolment,

ii.Other identification documents such as Bank or Post office Passbook with Photo; PAN Card; Passport; Ration Card; Voter Identity Card; MGNREGS card; Kisan Photo passbook; Driving license etc.

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