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\u2022 Atal Pension Yojana to provide a defined pension, depending on the contribution and the period of contribution. Authorities to contribute 50% of the beneficiaries\u2019 premium restricted to Rs.1,000 every year, for five years, in the new accounts opened earlier than thirty first December 2015.It focuses on the unorganized sector where almost four hundred million staff representing greater than eighty per cent of all staff are engaged. Atal Pension Yojana would offer a fixed minimum pension Rs.1000 to Rs.5000 per month beginning from the age of 60. The quantity of pension will rely upon the monthly contribution by the employee and the age at which the employee subscribes to the insurance. In any case, the person should subscribe underneath Atal Pension Yojana for a minimal 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 earlier than the end of the first 12 months of its launch, that’s 31 December, 2015.<\/p>\n<\/p>\n