Question
What is the percentage increase in the number of
subscribers under the National Pension Scheme ( NPS ) and Atal Pension Yojana ( APY ) as reported by the Finance Ministry during FY 22 - 23?Solution
According to the Finance Ministry, the number of subscribers under the National Pension Scheme ( NPS ) and Atal Pension Yojana ( APY ) increased by 23 percent . Of this, there was over 28 per cent growth in APY subscribers and more than 1 crore new customers were added . The total pension assets under management ( AUM ) under NPS and APY grew 23 . 45 per cent year - on - year to ₹8 . 82 lakh crore as of March 4, 2023 .
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