Atal Pension Yojana was launched by Prime Minister Narendra Modi in 2015. It is also known as Swavalamban Yojana. It is primarily targeted at the unorganised sector. Under the APY, guaranteed minimum pension of ₹1000 or ₹2000 or ₹3000 or ₹4000 or ₹5000 per month will be given at the age of 60 years depending on the contributions by the subscribers.