Cabinet extends Atal Pension Yojana up to 2030-31
The Union Cabinet on 21 January 2026 approved continuing the Atal Pension Yojana up to FY 2030-31, with funding support for promotion, development and gap funding.
Summary
The Union Cabinet chaired by PM Narendra Modi approved the continuation of the Atal Pension Yojana (APY) up to FY 2030-31. The government will keep funding promotional and developmental activities, such as awareness and capacity building among unorganised workers, and gap funding to meet viability requirements. APY was launched on 9 May 2015 to give old-age income security to unorganised-sector workers. It offers a guaranteed minimum pension of ₹1,000 to ₹5,000 per month from age 60, depending on contributions. As of 19 January 2026, over 8.66 crore subscribers had enrolled.
Key facts
- Approved
- Union Cabinet, 21 January 2026
- Extended up to
- FY 2030-31
- Support
- Promotional & developmental activities; gap funding
- Launched
- 9 May 2015
- Pension
- ₹1,000–₹5,000 per month from age 60
- Subscribers
- Over 8.66 crore (19 January 2026)
Practice MCQs 3 questions
Up to which financial year did the Cabinet approve the continuation of the Atal Pension Yojana in January 2026?
Show answer
Correct answer: C — 2030-31
PIB (Cabinet): APY will continue up to FY 2030-31.
As of 19 January 2026, roughly how many subscribers had enrolled in the Atal Pension Yojana?
Show answer
Correct answer: C — 8.66 crore
PIB (Cabinet): over 8.66 crore subscribers had enrolled as of 19 January 2026.
Consider the following statements about the Atal Pension Yojana: 1. It was launched on 9 May 2015. 2. It offers a guaranteed minimum pension of ₹1,000 to ₹5,000 per month starting at age 60. 3. It is meant mainly for organised-sector employees. Which of the statements given above are correct?
Show answer
Correct answer: A — 1 and 2 only
PIB (Cabinet): APY was launched on 9 May 2015 for workers in the unorganised sector, with a guaranteed minimum pension of ₹1,000–₹5,000 per month from age 60. Statement 3 is wrong.