Our Prime Minister Narendra Modi launched Atal Pension Yojana. It is a government-backed pension scheme in India which is fundamentally targeted at the unorganized sector. It was launched on May 9th, 2015. However, our farmer finance minister late Arun Jaitley included the same in his speech in the 2015 budget. APY is administered by PFRDA(Pension Fund Regulatory and Development Authority of India). Any person aged between 18-40 can apply for this scheme. They can start contributing a periodic sum of amount in return they can avail pension every month during their retirement. In this video, we have given complete information about APY
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