New Delhi, Jan. 22 -- The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today approved the continuation of Atal Pension Yojana (APY) up to FY 2030-31 along with extension of funding support for promotional and developmental activities and gap funding.
Implementation Strategy:
The scheme will continue up to 2030-31 with Government support for:
Promotional and Developmental activities to expand outreach among unorganised workers including awareness, capacity building.
Gap funding to meet viability requirements and ensure sustainability of the scheme.
Major Impact:
Ensures old-age income security for millions of low-income and unorganised sector workers.
Enhances financial inclusion and supports India's transition to a...
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