In which year 'Atal Pension Yojana' was launched?
2015
Understanding the Atal Pension Yojana Launch Date
The question asks about the year when the 'Atal Pension Yojana' (APY) was launched. This is an important government scheme aimed at providing social security to workers in the unorganized sector.
Let's look at the details of the Atal Pension Yojana:
- Purpose: It is a pension scheme for citizens of India, particularly focusing on the unorganized sector.
- Objective: To provide a minimum guaranteed pension based on contributions made by the subscriber.
- Age Group: Individuals between 18 and 40 years of age can join the scheme.
- Pension Amount: Subscribers receive a minimum guaranteed pension of №1,000, №2,000, №3,000, №4,000, or №5,000 per month after attaining the age of 60.
When was the Atal Pension Yojana Launched?
The Atal Pension Yojana was launched by the Government of India to replace the previous Swavalamban scheme. The launch date is a key piece of information related to this scheme.
Based on official records, the Atal Pension Yojana was officially launched in the year 2015.
Let's consider the options provided:
- 2016
- 2017
- 2014
- 2015
Comparing the launch year with the given options, we find that 2015 is the correct year for the launch of the Atal Pension Yojana.
Revision Table: Key Scheme Details
| Scheme Name | Launch Year | Target Sector | Pension Age |
|---|---|---|---|
| Atal Pension Yojana (APY) | 2015 | Unorganized Sector | 60 years |
Additional Information on Atal Pension Yojana
The Atal Pension Yojana encourages savings for retirement among the working population, especially those who do not have formal pension coverage. The government also co-contributes to the scheme for eligible subscribers for a certain period.
- Contribution Frequency: Contributions can be made monthly, quarterly, or half-yearly.
- Auto-debit Facility: Contributions are typically auto-debited from the subscriber's bank account.
- Portability: The scheme is portable, allowing subscribers to continue their contributions even if they change jobs or locations.
Understanding the launch year and basic features like age criteria, pension amount, and target audience is important for questions related to government schemes.
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