TNPSC Thervupettagam

Atal Pension Yojana extension

January 25 , 2026 14 hrs 0 min 38 0
  • The Union Cabinet has approved the extension of the Atal Pension Yojana (APY) until the financial year 2030–31.
  • APY is a government-backed pension scheme for unorganised sector workers, including labourers, vendors, and domestic helpers.
  • The scheme was launched on May 9, 2015, and provides a fixed monthly pension of 1,000 to 5,000 after the age of 60.
  • The government will continue funding awareness programs, training, and gap support to make the scheme sustainable.
  • As of January 19, 2026, more than 8.66 crore people have subscribed to the scheme.
  • APY helps workers save regularly, ensures income security in old age, and promotes financial inclusion.

 

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