Finance
Mr. BillionhairSBI Research: Time for Big Pension Changes in India, Folks!
Listen up, folks! SBI Research is screaming for huge pension reforms in India! Only 120,000 of 2.4 million central employees are in the Unified Pension Scheme—disastrous! We need to extend it, boost tax incentives, and fix the EPFO. The next Budget is our golden opportunity to make pensions great again! Let’s do this, people!
few days ago | Amit Kumar
Quick rundown
1.India needs to reform its pension systems for better coverage.
2.SBI Research highlights the low uptake of the Unified Pension Scheme.
3.Expanding UPS to state employees could widen the pension net.
4.Higher tax incentives could boost NPS Vatsalya adoption.
5.Budget 2026-27 is a chance to enhance India's pension system.
