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What is the targeted section of Atal Pension Scheme in India?
1. Unemployed Educated Section
2. Unemployed Uneducated Section
3. Unorganised Sector Workers
4. Organised Sector Workers

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Correct Answer - Option 3 : Unorganised Sector Workers

The correct answer is Unorganised Sector Workers.

  • Targeted section of Atal Pension Scheme in India is Unorganised Sector Workers.
    • Atal Pension Yojana  (APY) is a government-backed pension scheme, primarily targeted at the unorganised sector.
    • It is a social security scheme to provide a defined pension between Rs 1,000 to Rs 5,000.
    • It aims of delivering old age income security particularly to the workers in the unorganised sector with a guarantee of minimum pension after 60 years of age.

  • Atal Pension Yojana:
    • Date of Launching 9th May 2015.
    • Launched By Prime Minister Narendra Modi.
    • Regulatory Body Pension Fund Regulatory and Development Authority (PFRDA).
    • Under Department Department of Financial Services, Government of India.
  • Eligibility for Atal Pension Yojana:
    • Atal Pension Yojana (APY) is open to those who are not a member of any statutory social security scheme.
    • Any individual aged between 18 years to 40 years and have a bank account are eligible for the scheme.
    • He/She will have to provide proof of possession along with their Aadhaar number or must undergo Aadhaar authentication.
    • The subscriber should get their Aadhaar number recorded in the APY pension account as well as in their savings account.
    • Providing of the Aadhar number is important for the debit of the contribution instalments and for the credit of government co-contribution. 

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