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Date: 2026-01-21Category: Press ReleaseState: Union GovernmentCountry: 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
On January 21, 2026, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the continuation of the Atal Pension Yojana (APY) up to FY 2030-31, along with extended funding support for promotional, developmental activities, and gap funding. This scheme, launched on May 9, 2015, aims to provide old-age income security to workers in the unorganized sector. The government will continue to support promotional and developmental activities to expand outreach, build capacity, and provide gap funding to ensure the scheme's sustainability. 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 been enrolled. The continuation of government support is essential for sustained awareness and bridging viability gaps. It strengthens the vision of Viksit Bharat @2047 by providing sustainable social security.
Key Entities Referenced
Atal Pension Yojana (APY): A government scheme providing old-age income security to workers in the unorganized sector.
Viksit Bharat @2047: A vision of India as a developed nation by 2047, which the APY aims to strengthen through sustainable social security.
Cabinet
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 12:14PM 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.
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(रलीज़ आईडी: 2216718) आगंतुक पटल : 2015
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