ANALYSIS OF NATIONAL PENSION SCHEME AND ATAL PENSION YOJANA WITH SPECIAL REFERENCE TO MUMBAI REGION

The National Pension System is an initiative of the government of India that has become a popular and effective way for investors to take part in the financial markets in an easy and low-cost way while spreading their investments across different types of securities, which is called diversification and is an important part of a person's investment strategy. This paper give detail information about the NPS and APY and also tries to figure out how well people are aware about these scheme in Mumbai region. National Pension Scheme was first made for government employees, however later made accessible to all Indian citizens. People with low incomes and those on the edge of poverty want income security, so APY and NPS have been created. NPS is a "contributory" system, in which each the employer and the employee have to put in a certain amount from their pay. After retirement, the employee will get regular earnings from the amount they put in. The National Pension System is an initiative of the government of India that has become a popular and advantageous way for investors to take part in the financial markets in an effortless and affordable way while spreading their investments throughout different types of securities, which is known as diversification and is an essential phase of a person's investment strategy. This paper provide detail facts about the NPS and APY and additionally tries to figure out how far people are aware about these scheme in Mumbai region.