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What is Atal Pension Yojana

Atal Pension Yojana (APY), a pension scheme for citizens of India focusses on the unorganised sector workers. Under the APY, guaranteed minimum pension of Rs. 1,000/-, 2,000/-, 3,000/-, 4,000 and 5,000/- per month will be given at the age of 60 years depending on the contributions by the subscribers.