The third post in our three-part series on Pensions.
The second post in our three-part series on Pensions.
The Finance Minister, in his budget speech for 2015-16, has announced a new defined benefit pension scheme – Atal Pension Yojanai (APY, henceforth) – for unorganised sector workers who are not covered under any statutory social security scheme.
Financial inclusion is a priority area in the minds of policy makers in India. The larger focus of this debate has been on access to credit and insurance.
The Committee to Review Implementation of Informal Sector Pension (CRIISP) recently released their report focusing on National Pension Scheme (NPS), its design architecture, its performance till date and recommendations for increasing outreach and awareness about the product
The announcement of National Pension System (NPS) Lite, a pension plan geared towards economically disadvantaged populations, brings hope for much needed money during non-productive years