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The political economy of pension reforms in India
Journal article   Open access   Peer reviewed

The political economy of pension reforms in India

A.S. Bali
Public Administration and Development, Vol.34(4), pp.294-304
2014
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Abstract

India's far-reaching civil service pension reforms in 2008 provided its fragmented and diffuse pension system a unifying organizing framework. The design and architecture of the reformed civil service program, the National Pension System, was subsequently extended to those employed in private formal and informal sectors. The article assesses India's pension reforms and identifies challenges for the National Pension System in providing old-age income security. The article also presents estimates for universal social pension scheme and argues that its implementation is constrained by political factors and not necessarily by fiscal constraints.

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#1 No Poverty
#3 Good Health and Well-Being
#10 Reduced Inequalities

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Citation topics
6 Social Sciences
6.10 Economics
6.10.1076 Retirement Economics
Web Of Science research areas
Development Studies
Public Administration
ESI research areas
Social Sciences, general
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