<h1>India Releases Rs. 121 Crores for Atal Pension Yojana; 14 Lakh Subscribers Benefit from Government Co-Contribution.</h1> The Government of India has released Rs. 121 crores as co-contribution for the Atal Pension Yojana (APY) for the financial year 2016-17, benefiting nearly 14 lakh eligible subscribers. The APY, implemented through various banks and the Department of Post, has over 97.60 lakh subscribers as of April 2018. The scheme offers a government co-contribution of up to Rs. 1000 annually for five years for those registered before March 31, 2016, who are not income tax payers or part of other social security schemes. Subscribers must regularize their accounts to receive the co-contribution, which is deposited into their savings accounts.