PFRDA likely to add 10-12 lakh new subscribers by this year

At the end of March, the pension fund regulator, which manages Atal Pension Yojana and the National Pension System, should have around 3.48-3.50 crores of subscribers on board. The total number of subscribers under the two plans was approximately 3.38 crore as of February 22, 2020. At the end of the fiscal year, if you look at APY, there could be close to 8-10 additional additions and 1 to 1.5 lakh for NPS. So, all together, around 10-12 lakh new customers should join our fold by the end of March.

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