Pension Reforms Needed: Only 120K Join Unified Scheme!

SBI Research is raising the alarm about pension reforms in India! With only 120,000 out of 2.4 million eligible central government employees signing up for the Unified Pension Scheme, they’re calling for a major boost in participation. They want to include state employees and improve the NPS Vatsalya scheme for kids. The upcoming Budget 2026-27 could be the game-changer for a better pension system!