The number of NPS subscribers for central government employees increased by 5.28% to 22.97 lakh, while that for state governments increased by 7.70% to 56.40 lakh.
For the corporate sector, the number of NPS subscribers increased by 26.83 percent to 14.69 lakh, while for the category of all citizens it jumped by 39.11 percent to 23.61 lakh by the end of May, the data show.
In the NPS Lite category, where no new registration has been allowed since April 2015, subscribers fell 2.7% to 41.85 lakh.
Total assets under management (AUM) under both schemes increased by 21.5 percent to exceed 7.38 lakh crore rupees as of May 31, 2022.
APY’s AUM was Rs 21,142 crore, while NPS was the remaining 7,17,172 crore.
APY is mainly aimed at providing social security benefits after retirement to those who work in the unorganized sector and form a large part of employment in the country.