The Bright Future Of Pension: Atal Pension Yojana

  • Meeta Gupta Research Scholar, NIILM University, Haryana
  • Dr. Rakesh Kumar Pandey Faculty Of Basic Education Department, U.P.


The Government of India is extremely concerned about the old age income security of the working poor and is focused on encouraging and enabling them to join the National Pension System (NPS). To address the longevity risks among the workers in unorganized sector and to encourage the workers in unorganized sector to voluntarily save for their retirement, who constitute 88% of the total labour force of 47.29 crore as per the 66th Round of NSSO Survey of 2011-12, but do not have any formal pension provision, the Government had started the Swavalamban Scheme in 2010-11. However, coverage under Swavalamban Scheme is inadequate mainly due to lack of clarity of pension benefits at the age after 60.


Download data is not yet available.