India’s Pension System Shows Marginal Improvement In Global Ranking: Report

“The financial fragility of individuals has been exposed due to reasons such as the pandemic, global conflicts and volatile interest rates. The lack of a social system to support citizens has only accentuated the impact. Since the past decade or so, 2001-02, the government has adopted a number of measures aimed at pension reforms for both the central government and for the unorganised sector,” Mercer India Business Leader – Health and Wealth – Preeti Chandrashekhar said.