A sustainable and scalable approach in Indian pension reform
Ajay Shah ()
Working Papers from eSocialSciences
India is making sound progress on poverty elimination for those who can work. Poverty amongst the elderly will then become the dominant form of poverty in India, since the elderly do not work and thus do not benefit from higher wages. Simple dole solutions will not work. The only solution is a sustainable, scalable pension system. India is at a remarkable point in its demographic transition. In the period from 2005 to 2030, a substantial decline in the dependency ratio is expected, with a large number of people coming into their working years. This constitutes a historic opportunity to create a pension system in time for these cohorts, who can be empowered to enjoy decades of life in their elderly years using personal control of pension assets.
Keywords: pension reforms; poverty elimination; demographic transition; poverty among the elderly; dependency ratio; scalable pension systems; economics (search for similar items in EconPapers)
Note: Conference Papers
References: Add references at CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://www.esocialsciences.org/Download/repecDownl ... s&AId=237&fref=repec
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:237
Access Statistics for this paper
More papers in Working Papers from eSocialSciences
Bibliographic data for series maintained by Padma Prakash ().