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• Atal Pension Yojana to supply an outlined pension, depending on the contribution and the period of contribution. Government to contribute 50% of the beneficiaries’ premium restricted to Rs.1,000 every year, for five years, in the new accounts opened earlier than 31st December 2015.It focuses on the unorganized sector where practically 400 million staff representing more than eighty per cent of all staff are engaged. Atal Pension Yojana would supply a fixed minimum pension Rs.A thousand to Rs.5000 per 30 days beginning from the age of 60. The amount of pension will rely on the monthly contribution by the worker and the age at which the employee subscribes to the insurance coverage. In any case, the person should subscribe under Atal Pension Yojana for a minimum of 20 years. The most vital part of this Scheme is co-contribution by authorities of Rs.1000/- per annum or 50% of the overall contribution whichever is lower, for the first 5 years if one joins the scheme before the top of the first yr of its launch, that is 31 December, 2015.
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