Potential Doubling of Atal Pension Scheme Minimum Payout in Budget 2024

Monday, 8 July 2024, 19:04

The government is contemplating doubling the minimum guaranteed amount under the Atal Pension Yojana to Rs 10,000 in the upcoming budget, with a decision expected by July 23. This move, aimed at strengthening the social security framework and aligning with the labor code on social security, is under assessment for its fiscal implications.

Economictimes — Potential Doubling of Atal Pension Scheme Minimum Payout in Budget 2024

Key Points:

The Atal Pension Yojana's minimum payout may double to Rs 10,000.

Government aims to enhance social security framework.

Impact of decision under evaluation for fiscal implications.

Conclusion:

Government plans to fortify social security system by potentially doubling minimum payout of Atal Pension Scheme in Budget 2024.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

Subscribe Now

Dear Friend

Key Points:

Conclusion:

Related posts