New private-sector subscribers under NPS cross 12 lakh in 2024-25
Over 12 lakh new private-sector subscribers joined the National Pension System in 2024-25, taking total subscribers to over 165 lakh by March 2025, the Finance Ministry said on 22 April 2025.
Summary
The National Pension System (NPS) added over 12 lakh private-sector subscribers during 2024-25, taking the total number of subscribers to over 165 lakh by March 2025. NPS Vatsalya, a scheme for minors introduced in September 2024, has registered over one lakh subscribers. Assets under management of NPS and Atal Pension Yojana together grew 23% during 2024-25 to ₹14.43 lakh crore by end-March 2025.
Key facts
- New private subscribers (2024-25)
- Over 12 lakh
- Total subscribers
- Over 165 lakh (March 2025)
- NPS Vatsalya
- Over 1 lakh subscribers (launched September 2024)
- AUM (NPS + APY)
- ₹14.43 lakh crore; up 23%
Practice MCQs 2 questions
What was the total number of NPS subscribers by March 2025, as per the Finance Ministry release of 22 April 2025?
Show answer
Correct answer: D — Over 165 lakh
Total NPS subscribers crossed 165 lakh by March 2025; over 12 lakh new private-sector subscribers joined in 2024-25.
What were the combined assets under management of NPS and Atal Pension Yojana at end-March 2025?
Show answer
Correct answer: A — ₹14.43 lakh crore
The AUM of NPS and APY grew 23% during 2024-25 to ₹14.43 lakh crore.