Continuation of Atal Pension Yojana (APY) till 2030-31
On 21 January 2026, the Union Cabinet approved the continuation of the Atal Pension Yojana (APY) up to FY 2030-31 along with extension of funding support for promotional, developmental activities and gap funding. KEY FACTS: - Launched: 9 May 2015 - Enrolments (as of 31 March 2026): 8.96 crore - Pension: Guaranteed minimum ₹1,000 to ₹5,000/month from age 60 - Target group: Unorganised sector workers (18-40 years) - Contribution period: Minimum 20 years - Spouse benefit: Same pension amount after subscriber's death - Gap funding: Ensures financial sustainability of the scheme - Promotional activities: Awareness and capacity building among workers - Vision: Transition India to a 'pensioned society' under Viksit Bharat @2047
- Union Cabinet approved continuation of Atal Pension Yojana (APY) up to FY 2030-31 on 21 January 2026, with extension of funding support for promotional and gap funding.
- Launched on 9 May 2015 targeting unorganised sector workers aged 18-40 years, with 8.96 crore enrolments as of 31 March 2026.
- Provides guaranteed minimum pension of ₹1,000 to ₹5,000 per month from age 60 with a minimum contribution period of 20 years.
- Spouse receives the same pension amount after subscriber's death.
- Vision is to transition India to a 'pensioned society' under Viksit Bharat @2047.
Until when has the Atal Pension Yojana been extended?
On 21 January 2026, the Union Cabinet approved the continuation of the Atal Pension Yojana (APY) up to FY 2030-31, along with extended funding for promotional, developmental activities and gap funding.
Who can subscribe to the Atal Pension Yojana?
APY targets unorganised sector workers aged 18 to 40 years. Subscribers must contribute for a minimum of 20 years before pension begins at age 60.
What pension amount does APY guarantee?
APY offers a guaranteed minimum monthly pension ranging from ₹1,000 to ₹5,000 from age 60, based on the subscriber's contribution tier during the accumulation phase.
How many subscribers has APY reached?
As of 19 January 2026, APY had crossed 8.66 crore subscribers, reflecting wide adoption among unorganised sector workers since its launch on 9 May 2015.
What happens to the pension after the subscriber dies?
The spouse receives the same guaranteed pension amount as the subscriber. This spouse benefit helps secure household income and is central to APY's social security design.
What is the long-term vision behind continuing APY?
The continuation supports India's transition to a pensioned society under Viksit Bharat @2047, with gap funding ensuring the scheme's long-term financial sustainability.
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