Pension sector needs to scale up to enhance coverage of social security: Economic Survey
- Posted on January 31, 2025
- By Business News Today
- 4 Views
Pension sector needs to scale up to enhance coverage of social security: Economic Survey
The Economic Survey 2024-25 emphasizes the need to expand pension coverage, with only 5.3% of the population currently covered by NPS and APY. It highlights the importance of competitive, low-cost fund management to enhance scalability and accessibility, especially for the informal sector.