1. The number of subscribers in various schemes under the National Pension System (NPS) rose to 383.12 lakh by end-October 2020 from 310.80 lakh in October 2019 showing a year- on- year (Y-o-Y) increase of 23.27% (Table-1).
Table-1: Number of Subscribers in various schemes under National Pension System
Sector |
Number of Subscribers (No. In lakh) |
Growth
(Y-o-Y) in % |
|
Oct-19 |
Mar-20 |
Oct-20 |
|
Central Government |
20.40 |
21.02 |
21.37 |
4.71 |
|
State Government |
45.72 |
47.54 |
49.27 |
7.77 |
|
Corporate |
8.87 |
9.74 |
10.57 |
19.24 |
|
Unorganised Sector(All Citizen Model) |
10.38 |
12.52 |
13.91 |
33.98 |
|
NPS Lite# |
43.39 |
43.32 |
43.15 |
-
|
|
Atal Pension Yojana (APY) |
182.04 |
211.42 |
244.86 |
34.51 |
|
Total |
310.80 |
345.55 |
383.12 |
23.27 |
#Fresh registration under NPS Lite is stopped w.e.f 01st April, 2015.
2. As on 31st October 2020, total pension assets under management stood at Rs. 5,12,752 crore showing a Y-o-Y growth of 33.79% (Table-2).
Table- 2: Total Assets under Management under Nation Pension System
|
|
AUM (Rs. In Crore) |
Growth
(Y-o-Y) in % |
|
Sector |
Oct-19 |
Mar-20 |
Oct-20 |
|
Central Government |
128257 |
138,046 |
165912 |
29.36 |
|
State Government |
192886 |
211,023 |
259331 |
34.45 |
|
Corporate |
37721 |
41,243 |
52,897 |
40.23 |
|
Unorganised Sector(All Citizen Model) |
11538 |
12,913 |
16,844 |
45.98 |
|
NPS Lite |
3695 |
3,728 |
4,158 |
12.54 |
|
APY |
9143 |
10,526 |
13,610 |
48.86 |
|
Total |
3,83,240 |
4,17,479 |
5,12,752 |
33.79 |
For further information on NPS please visit www.pfrda.org.in
About PFRDA
Pension Fund Regulatory and Development Authority (PFRDA) is the statutory authority established by an enactment of the Parliament, to regulate, promote and ensure orderly growth of the National Pension System (NPS) and pension schemes to which this Act applies. NPS was initially notified for central government employees recruits wef 1st Jan 2004 and subsequently adopted by almost all State Governments for its employees. NPS was extended to all Indian citizens (resident/non-resident/overseas) voluntarily and to corporates for its employees.
As on 10th Oct 2020, the total number of subscribers under NPS and Atal Pension Yojana has crossed 3.76 crores and the Asset under Management (AUM) has grown to Rs 5,05,424 crores.