Bengaluru, , Nov 28: The State Level Bankers’ Committee (SLBC), Karnataka, in collaboration with the Pension Fund Regulatory and Development Authority (PFRDA), organised an Atal Pension Yojana (APY) Outreach Programme to enhance awareness and accelerate enrolments across the state, particularly among low-income and unorganised sector workers.
APY, a flagship guaranteed pension scheme of the Government of India, provides social security to citizens aged 18–40 years. The scheme offers a fixed monthly pension of ₹1,000 to ₹5,000 upon attaining 60 years, with lifetime benefits for the spouse and return of the accumulated corpus to the nominee.
The programme was chaired by Shri Pravesh Kumar, Chief General Manager, PFRDA. Shri M. Bhaskara Chakravarthy, Convenor SLBC Karnataka and General Manager, Canara Bank, delivered the welcome address, followed by the inaugural address by Smt. K. B. Geetha, General Manager, SLBC Karnataka, Canara Bank.
Senior officials, including Shri Arunkumar P and Shri Saket Kumar from NABARD and RBI, and Shri Sunil Kurtkoti, Financial Advisor, Government of Karnataka, emphasised the importance of banks and Lead District Managers (LDMs) targeting uncovered populations in semi-urban and rural areas, and conducting focused drives for contractual state government workers.
Karnataka Achievements under APY (FY 2024–25)
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Enrolments: 6.17 lakh against a target of 7.75 lakh (80% of state target)
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State Ranking: 9th among large states | 14th nationally
Outstanding Performers Recognised;
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Annual Awards of Lead District Manager FY 2024–25
Districts Covered: Yadgir, Bidar, Kalaburagi, Koppal, Vijayanagar, Chitradurga, Raichur, Vijayapura, Gadag, Chamarajanagar, Ballari, Davanagere, Belagavi, Bagalkote, Haveri, Kolar, Mysuru, Mandya, Tumkur -
Annual Awards of State Controlling Head of Banks FY 2024–25
Awarded Teams: Kotak Mahindra Bank, Tamilnad Mercantile Bank, Karnataka Grameena Bank, IndusInd Bank, South Canara DCC Bank, IDBI Bank, IDFC First Bank, South Indian Bank, Yes Bank, Karnataka Bank
Shri Ajay Kumar Podishetty, Assistant Manager, PFRDA, provided a detailed presentation on APY operations, including best practices for enrolment.
The programme also included a comprehensive review of bank-wise and district-wise performance, with banks and LDMs urged to intensify outreach efforts to achieve remaining targets for FY 2024–25.
The programme concluded with a vote of thanks by Shri Pradeep Kumar, Divisional Manager, SLBC Karnataka.
