Resources

Ways to widen NPS cover among low earners mooted

Sambodhi Research

With just 5 million non-salaried individuals enrolled under the National Pension System (NPS) in the past 12 years, a new survey has found that retirement savings for unorganised sector workers should be allowed in flexible installments rather than periodically. It also called for removal of entry barriers like mandatory email ID for enrollment in the NPS to make the NPS more attractive for low earners.

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Location

  • Pan-India

Type

  • Article

Themes

  • Financial inclusion
  • Governance