New Delhi: Flagging concerns over the high concentration of Atal Pension Yojana (APY) subscribers in the minimum slab of Rs 1,000, Financial Services Secretary M Nagaraju called on financial institutions, particularly banks, to nudge individuals toward higher pension slabs as their incomes grow.
The flagship social security scheme, APY, has witnessed gross enrolments crossing the 9 crore mark, and in FY26, a record 1.35 crore new subscribers were added.
