Union Cabinet Extends Atal Pension Yojana Till 2030-31 With Continued Government Funding For Promotion & Gap Support
The Union Cabinet, chaired by PM Narendra Modi, approved the continuation of the Atal Pension Yojana (APY) until FY 2030-31, along with extended government funding for promotional, developmental activities, and gap funding. Launched in 2015 to provide old-age income security to unorganised sector workers, APY offers guaranteed pensions of ₹1,000–₹5,000 per month from age 60.
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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 with the objective of providing 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 scheme will continue up to 2030-31 with government support for promotional and developmental activities to expand outreach among unorganised workers including awareness, capacity building, said an official release after the meeting of the Cabinet chaired by Prime Minister Narendra Modi. APY offers a guaranteed minimum pension of Rs 1,000 to Rs 5,000 per month starting at the age 60, based on contributions.
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