PROJECT M
 

Completely inadequate

India’s state pension system is at once sorely lacking and hugely expensive. Fortunately, there is still time for the big changes needed for the good of the country’s long-term financial security

© Panos Pictures
The streets of Mumbai

Completely inadequate

India’s state pension system is at once sorely lacking and hugely expensive. Fortunately, there is still time for the big changes needed for the good of the country’s long-term financial security

Further Reading

Caught in a daily struggle to survive, india’s unorganized workers can hardly afford to save for retirement, and the subcontinent is faced with implementing a sustainable pension system. For more details, download the working paper What’s happening in India?