Investors Perception towards Atal Pension Yojana with special reference to Kuzhalmannam Panchayath, Palakkad, Kerala

Abstract

Pension is a welfare scheme for supporting and preserves people during old age period. Pension provides financial support preserves during non-earning days. Thus, pension schemes helpful to fulfill our needs and wants during old age period. Pension is a periodic payment system. So, this scheme provides insurance support and tax relief at the time of non-working days. The government of India introduced a new scheme that is “ATAL PENSION YOJANA” as a part of this scheme; people can make beneficiation in their APY account till the age of 60 years and get a monthly benefit.