The Union Cabinet approved continuation of Atal Pension Yojana (APY) up to Financial Year (FY) 2030–31. The scheme will receive government support for promotional, developmental activities, and gap funding. Promotional efforts will expand awareness and coverage among unorganised sector workers. Gap funding will ensure financial viability and long-term sustainability of Atal Pension Yojana (APY). It supports financial inclusion and India’s transition towards a pensioned society. It was launched on 9 May 2015. APY offers a guaranteed pension of ₹1,000–₹5,000 per month after age 60. As of 19 January 2026, APY has over 8.66 crore subscribers, strengthening Viksit Bharat @2047 vision.
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