The Union Government on 21 January 2026 approved the continuation of the Atal Pension Yojana (APY) till 2030–31 and equity support of ₹5,000 crore to the Small Industries Development Bank of India (SIDBI).
Atal Pension Yojana (APY) – Extension
- Approved till: 2030–31
- Objective: Old-age income security for workers in the unorganised sector
- Launched: May 2015
- Benefits: Guaranteed pension of ₹1,000 – ₹5,000 per month after 60 years, depending on contribution
- Subscribers enrolled: 8.66 crore+
- Significance: Major component of India’s inclusive social security framework
Equity Support to SIDBI
- Body involved: Small Industries Development Bank of India (SIDBI)
- Total equity support approved: ₹5,000 crore
- Purpose: To expand financial support to MSMEs
- Expected beneficiaries: 25.74 lakh new MSME units
- Growth projection:
- MSMEs receiving financial assistance to rise from 76 lakh (FY 2025)
- To 1 crore+ (FY 2028)
