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    <title>Assets under Management (AUM) of NPS and APY cross Rs.16 lakh crore mark</title>
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    <description>Combined AUM of NPS and APY has crossed Rs.16 lakh crore with subscribers above nine crore. The Multiple Scheme Framework effective 1 October 2025 widens investment choice and an NPS Platform Workers Model targets gig workers. A consultation paper on an NPS Overhaul proposes graded payouts and flexible annuity options, and targeted outreach aims to expand coverage among farmers, MSME workers, self help groups and informal sector participants.</description>
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