New Delhi: The Union Cabinet on Tuesday approved the continuation of the Atal Pension Yojana (APY) till 2030–31, giving a fresh boost to India’s social security net for workers in the unorganised sector. The decision was taken at a cabinet meeting chaired by Prime Minister Narendra Modi.
Along with the extension, the government has also cleared continued financial support for promotional and developmental activities to widen the scheme’s reach across the country.
Cabinet Approves Continuation of Atal Pension Yojana and extension of funding support for promotional and developmental activities and gap funding till 2030-31
The scheme will continue up to 2030-31 with Government support for:
➤ Promotional and Developmental activities to… pic.twitter.com/9IDq8Y3Agl
— PIB India (@PIB_India) January 21, 2026
Launched in May 2015, the Atal Pension Yojana aims to provide assured income after retirement to people working in the informal sector, who often lack access to structured pension systems. Under the scheme, subscribers are guaranteed a monthly pension of ₹1,000 to ₹5,000 after attaining the age of 60, depending on their contribution levels.
The programme has seen strong uptake over the years, with more than 8.66 crore people enrolled so far, making it one of the largest pension schemes in the world.
Officials said the extension reflects the government’s commitment to strengthening financial security for low-income and vulnerable groups, while ensuring long-term sustainability of the pension framework.
With the scheme now secured for another six years, the Centre hopes to accelerate enrolments and deepen social protection for millions of workers across India’s vast unorganised economy.
