US EditionIndia Extends Atal Pension Scheme to Provide Social Security to Unorganised Sector Workers
The government will fund Atal Pension Yojana until 2031 to support over 8.66 crore unorganised sector workers with guaranteed pensions from age 60.
- On Wednesday, the Union Cabinet chaired by Prime Minister Narendra Modi approved continuation of the Atal Pension Yojana up to financial year 2030-31.
- Launched on May 9, 2015, the Atal Pension Yojana was designed to provide old-age income security to workers in the unorganised sector, guaranteeing monthly pensions of Rs 1,000 to 5,000 payable at age 60.
- As of January 19, 2026, over 8.66 crore subscribers have enrolled under Atal Pension Yojana, with the government saying its national promotion campaign achieved record-breaking participation and contributions collected via savings account auto-debit with flexible intervals.
- The scheme protects families by transferring pension to subscribers' spouses and the corpus to nominees; Uttar Pradesh led enrolments with over 1.20 crore registrations in Prayagraj, Lucknow, Bareilly, Fatehpur, and Kanpur Nagar.
- To expand outreach, the government will fund promotional and developmental activities including awareness and capacity building for unorganised workers and provide gap funding to meet viability requirements.
15 Articles
15 Articles
Cabinet approves continuation of Atal Pension Yojana
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31 along with the extension of funding support for promotional and developmental activities and gap funding.
Times of India
The Economic TimesAtal Pension Yojana gets Cabinet nod for extension upto 2031, ensures monthly pension for informal sector
The Union Cabinet has approved the continuation of the Atal Pension Yojana (APY) until 2030-31, ensuring assured monthly pensions for millions of low-income and unorganised sector workers. This extension includes continued government funding for outreach and gap funding, guaranteeing pensions of ₹1,000 to ₹5,000 per month from age 60 for those without formal retirement benefits.
Union Cabinet Decides To Extend Atal Pension Yojana Scheme For Another Five Years
Hyderabad, Jan 21 (Maxim News) The Union Cabinet met in New Delhi on Wednesday under the chairmanship of Prime Minister Modi. On this occasion, the Union Council of Ministers took several key decisions. It has decided to continue the Atal Pension Yojana scheme, which was launched with the aim of providing pension to unorganized sector workers, for a few more years. In this context, the green signal has been given to extend this scheme till the f…
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