The number of subscribers increased to 89.6 million by the end of financial year 2025-26 from 76.1 million last year. A record 13.5 million new subscribers joined the pension scheme during this period. At an annual growth rate of 18 per cent, its customer base is expected to cross 100 million by the end of financial year 2026-27, he said.
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This number is expected to increase to more than 90.4 million by April 30, 2026. Raman said there has been a significant increase in enrollment among the age group of 18 to 25 years, which reflects the growing awareness among the youth about long-term financial security. He also stressed the need to increase pension awareness and customer participation across the country.
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Atal Pension Yojana (APY) is administered by a Public Sector Undertaking (PFRDA) under the overall governance structure of the National Pension System (NPS). Atal Benson Yojana was launched in 2015 with the aim of providing social security to all citizens including informal sector workers. Bank account holders aged between 18 to 40 years who do not pay income tax can enroll in this scheme.
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This scheme depends on the contribution of the customer. It guarantees a minimum pension of Rs 1,000 to Rs 5,000 per month after the age of 60 years. According to the Pension Fund Regulatory and Development Authority (PFRDA), the number of National Pension Scheme subscribers is projected to grow at a rate of more than 22 per cent by 2026-27. By the end of financial year 2025-26, the National Pension Scheme will have 21.7 million subscribers and Rs. Total assets 15.95 trillion.
The number of beneficiaries of Atal Pension Yojana is increasing every month. Many people join this scheme because it helps a lot during retirement. Therefore it is expected to reach 10 crore subscribers soon.
About the authorsenthil kumarSenthil Kumar is the leading digital content creator for personal finance and economics in Economic Times Tamil and Samay Tamil. An MSc Mathematics graduate, he is an expert in accurately analyzing data and explaining complex economic changes in simple Tamil in a way that even common people can understand. He started his media journey in the year 2016 with ‘Deena Maghal’ newspaper and gained experience working for the website ‘Minnambalam’ for three years. Senthil Kumar, who is currently a successful writer on the Tamil platform, has attracted a large readership through his financial articles. Subsequently, he now provides in-depth financial advice and business news to readers through the Economic Times Tamil site. Areas of Expertise: With an aim to create awareness about money and savings among people, he has been writing in the following areas: Personal Finance: Family budget management and tax saving methods. Investments: Investment opportunities including stock market, mutual funds and gold. Government Schemes: Central and State Government welfare schemes and grants for the common people. Business and Industry: News and market trends for micro and small entrepreneurs.… read more
