UPS Spotlight on India’s Retirement Dilemma |

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StratNewsGlobal

StratNewsGlobal

Күн бұрын

The rollout of the new Unified Pension Scheme (UPS) for government employees, was preceded by a prolonged and feisty political exchange between the incumbent National Democratic Alliance and the opposition parties.
What it also did was to put the spotlight on India’s retirement dilemma: A challenge that is largely ignored given the overwhelmingly young demographic makeup of India.
At present only a tenth of India 56.3 crore workforce avails of some form of social security benefits. Given the growing health burden, with the rapid spread of non-communicable diseases, this lack of a social safety net poses a massive challenge to India’s youth when they approach retirement.
Can young India deal with this retirement dilemma?
To answer this and more StratNews Global spoke to Sumit Shukla, MD & CEO, Axis Pension Fund.
#nps #pension #india #upsc #indiaretirement
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Пікірлер: 16
@ChantalMiron-y1g
@ChantalMiron-y1g 19 сағат бұрын
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@ChantalMiron-y1g
@ChantalMiron-y1g 19 сағат бұрын
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@MaxDavidson49
@MaxDavidson49 19 сағат бұрын
Hello how do you make such weekly?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God.
@ChantalMiron-y1g
@ChantalMiron-y1g 19 сағат бұрын
@@MaxDavidson49 Nick Syiek! I really appreciate his efforts and transparency.
@ChantalMiron-y1g
@ChantalMiron-y1g 19 сағат бұрын
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@ChantalMiron-y1g
@ChantalMiron-y1g 19 сағат бұрын
From $35K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
@ShahinParbaj-l9z
@ShahinParbaj-l9z Күн бұрын
100%
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