Home India Ministry of Finance Cabinet approves continuation of Atal Pension Yojana (APY) a...
Date: 2026-01-21 Category: Press Release State: Union Government Country: India

Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31

Issued by Ministry of Finance · Not Applicable

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Executive Summary & Key Takeaways

On January 21, 2026, the Union Cabinet, chaired by Prime Minister Narendra Modi, approved the continuation of the Atal Pension Yojana (APY) up to FY 2030-31. This includes extended funding support for promotional and developmental activities, along with gap funding. The scheme aims to continue until 2030-31 with government support, focusing on promotional activities to expand outreach to unorganized workers and gap funding to ensure the scheme's sustainability. The APY seeks to ensure old-age income security for low-income and unorganized sector workers, enhance financial inclusion, and strengthen the vision of Viksit Bharat @2047 through sustainable social security. Launched on May 9, 2015, APY offers a guaranteed minimum pension of Rs.1,000 to Rs.5,000 per month, starting at age 60, based on contributions. As of January 19, 2026, over 8.66 crore subscribers have enrolled. Sustained government support is crucial for continued awareness, capacity building, and bridging of viability gaps. Release ID: 2216727, Visitor Count: 780. The press release is available in Marathi, Urdu, Hindi, Punjabi, Gujarati, Telugu, Kannada, and Malayalam.

Key Entities Referenced

Atal Pension Yojana (APY): A government scheme that provides a guaranteed minimum pension to workers in the unorganized sector. Ministry of Finance: The ministry responsible for the implementation of the Atal Pension Yojana. Viksit Bharat @2047: A vision for India's development by 2047, strengthened by the social security provided by APY.
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Ministry of Finance Cabinet approves continuation of Atal Pension Yojana (APY) and extension of funding support for promotional and developmental activities and gap funding till 2030-31 प्रव तथ: 21 JAN 2026 12:22PM by PIB Delhi The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31 along with extension of funding support for promotional and developmental activities and gap funding. Implementation Strategy: The scheme will continue up to 2030-31 with Government support for: I. Promotional and Developmental activities to expand outreach among unorganised workers including awareness, capacity building. II. Gap funding to meet viability requirements and ensure sustainability of the scheme. Major Impact: Ensures old-age income security for millions of low-income and unorganised sector workers. Enhances financial inclusion and supports India’s transition to a pensioned society. Strengthens the vision of Viksit Bharat @2047 by providing sustainable social security. Background: Launch: APY was launched on 9th May, 2015 with the objective of providing old-age income security to workers in the unorganised sector. Scheme Features: APY offers a guaranteed minimum pension of Rs.1,000 to Rs.5,000 per month starting at age 60, based on contributions. Progress: As of 19th January, 2026, over 8.66 crore subscribers have been enrolled, making APY a cornerstone of India’s inclusive social security framework. Need for Extension: Sustained government support is essential for continued awareness, capacity building, and bridging of viability gaps to ensure the scheme’s sustainability. **** MJPS (रलीज़ आईडी: 2216727) आगंतुक पटल : 780 इस वज्ञ को इन भाषाओ ंम पढ़: Marathi , Urdu , ही , Punjabi , Gujarati , Telugu , Kannada , Malayalam , Malayalam

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