New Delhi: The Union Cabinet on Wednesday approved continuation of government’s flagship Atal Pension Yojana (APY) up to financial year 2030-31, along with extension of funding support for promotional and developmental activities and gap funding.
APY was launched on May 9, 2015 to provide old-age income security to workers in the unorganised sector.
As of January 19, 2026, over 8.66 crore subscribers have been enrolled under APY.
The move is expected to strengthen old-age income security for millions of low-income and unorganised workers, while furthering financial inclusion. The government said the continuation aligns with the broader vision of building a pensioned society and contributes to the goals of Viksit Bharat @2047 through sustainable social security mechanisms.
Launched on May 9, 2015, the Atal Pension Yojana seeks to provide assured income support in old age to workers in the unorganised sector. The scheme offers a guaranteed minimum pension ranging from ₹1,000 to ₹5,000 per month, starting at the age of 60, depending on the subscriber’s contribution.
As of January 19, 2026, more than 8.66 crore subscribers have enrolled under APY, making it one of the key pillars of India’s inclusive social security framework. The government noted that continued support is necessary to maintain awareness, strengthen institutional capacity and bridge viability gaps, ensuring the scheme remains sustainable over the long term.
