Atal Pension Yojana: The duration of the Atal Pension Yojana has been extended; know today's cabinet decision..

The central government has made a major decision. Now, millions of poor and unorganized sector workers will continue to receive a guaranteed monthly pension even after retirement. The government has approved the extension of the Atal Pension Yojana (APY) until 2030-31. This was approved in a cabinet meeting chaired by Prime Minister Narendra Modi.

This decision also confirms that the government will continue to provide funding for the promotion, development, and financial sustainability of the scheme. This means that workers who do not have any pension arrangements after their employment will receive a guaranteed pension of Rs. 1,000 to Rs. 5,000 per month after the age of 60. This pension will depend on their contributions.

What is this scheme?
This scheme provides income security in old age and helps in the financial inclusion of workers, especially those in villages and small towns. The cabinet meeting decided that the government will continue to provide support for raising awareness, educating people about the scheme, and improving it further. Necessary financial support for the long-term sustainability of the scheme will also continue.

Launched in 2015
The Atal Pension Yojana was launched on May 9, 2015. Its objective is to provide pension benefits to workers who are not covered by any formal pension system. This scheme encourages them to save small amounts so that they can live comfortably after retirement. It has become an important part of India's social security framework.

As of January 19, 2026, more than 8.66 crore people have joined this scheme. The government says that it is very important to continue educating people about this scheme, implementing it effectively, and ensuring its long-term viability. Therefore, government support will continue.

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