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 financial year 2030-31. It was decided in this meeting to provide more scope to this scheme and spend more on its development. This year, i.e. as of January 19, 2026, 8.66 crore people have joined this scheme as subscribers.

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After the retirement of government employees, they get pension. But workers working in the unorganized sector do not have such opportunities. Keeping this in mind, the Modi government brought the Atal Pension Yojana scheme in 2015 for workers above 60 years of age. Under this scheme, unorganized workers have been given the opportunity to receive a pension of Rs. 1000 to Rs. 5000 every month. The central government has decided that people between the ages of 18 and 40 are eligible to join this scheme. (Maxim News)

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