The government’s flagship social security scheme, Atal Pension Yojana, has crossed 9 crore enrolments as of April 2026, reflecting its growing reach among low-income and unorganised sector workers.
A record 1.35 crore new subscribers joined in 2025-26. Administered by Pension Fund Regulatory and Development Authority, the scheme’s expansion has been significantly driven by cooperative banks, which have played a crucial grassroots role in mobilising enrolments, especially in rural and semi-urban areas.
Alongside regional rural banks and postal networks, cooperatives have strengthened outreach through awareness drives and local engagement. APY provides a guaranteed monthly pension of Rs 1,000 to Rs 5,000 after 60, ensuring financial security for millions across the country.
