00:00Finance Minister Nirma Sitharaman is going to present a budget for FY25-26 on 1st February.
00:11The entire country is keeping an eye on it.
00:14There is a lot of hope that the government can make a big announcement about the Atal Pension Scheme in this year's budget.
00:20So, what can be announced? What benefits can we get?
00:24Let's try to find out in this video.
00:26In order to increase social security, the government can increase the minimum pension amount and double it.
00:35Currently, the minimum monthly pension amount is Rs 1,000 to Rs 5,000.
00:39However, it depends on your contribution as to how much pension you will get.
00:43There are now discussions about this scheme that the government can approve the proposal to increase the pension received under the scheme.
00:51The proposal to increase the minimum guarantee amount to Rs 10,000 is in its last phase.
00:57Approval has been made on it and it can be announced in the budget.
01:01Let me tell you that Prime Minister Narendra Modi launched this scheme on 9th May, 2015.
01:07Atal Pension Scheme is a social security scheme and its aim is to provide financial security to the elderly,
01:12especially to the people from poor and disadvantaged areas.
01:17This scheme has been named after the former Prime Minister Atal Bihari Vajpayee.
01:22Its aim is to provide financial security to people who do not get retirement benefits.
01:29Currently, people get a pension of Rs 1,000 to Rs 5,000 after 60 years of investing under this scheme.
01:36This amount depends on the contribution made by the person.
01:40As per No. 2024, the gross enrollment of Atal Pension Scheme was more than Rs 7 crore during the financial year 2024-25.
01:48During this time, 56 lakh new subscribers were also connected to the scheme.
01:52The Pension Fund Regulatory and Development Authority i.e. PFRDA has played an important role in promoting the scheme.
01:59PFRDA has played an important role in bringing this scheme to the people at the state and district level through its various schemes.
02:07Currently, under this scheme, a payment of Rs 42 per month to Rs 1,000 per month is made, on the basis of which you get a pension.
02:16The biggest feature of the Atal Pension Scheme is that if a non-Indian dies in it, then the nominee gets all the money.
02:24The Atal Pension Scheme should be between the age of 18 to 40 years to open an account.
02:30If you want to apply for the scheme, then you should have your bank account.
02:34To take advantage of the scheme, you have to take a registration form from your bank's savings account or download it from the website.
02:43After this, you have to fill in the form in detail and choose the option of pension.
02:46Then you have to submit the form with Aadhar card and necessary documents.
02:50In this way, you will be able to apply for it.
02:53As per your monthly contribution, you will get a pension.
02:58Currently, it is believed that the pension received in the Atal Pension Scheme can be doubled.
03:04That's all for this video. What are your expectations from the budget?
03:07Do tell us by commenting.
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