Will pension under Atal Pension Yojana increase? Here’s what the Finance Ministry says

The Atal Pension Yojana, launched over a decade ago in May 2015 to create a universal social security system for all Indian citizens, offers a flexible minimum guaranteed pension ranging between ₹1,000 and ₹5,000, and the subscriptions vary from ₹42 to ₹1,454 based on age and pension amount.

The government isn’t planning to increase the pension amount anytime soon, as it will increase the subscription amount as well, burdening the subscriber further, Minister of State for Finance Pankaj Chaudhary told Parliament on Monday, December 15.

“Presently, it has been decided to continue the scheme with the same terms and conditions and not to further increase the pension and consequential subscription amount,” the minister said in a written reply to a query in the Lok Sabha.

Chaudhray was replying to a query on “whether the Government proposes to revise pension amounts, contribution structures, or introduce an inflation-linked pension option to improve the security net for unorganized workers…”

How many people have subscribed to APY?

As of November 30, 2025, a total of 8,45,17,419 (8.4 crore) subscribers have been enrolled under the Atal Pension Yojana.

The Atal Pension Yojana (APY) scheme was launched to create a universal social security system for all Indians, especially the poor, the under-privileged and the workers in the unorganised sector, the minister said in his reply.