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Public Expenditure on Old-Age Income Support in India: Largesse for a Few, Illusory for Most

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  • Mukesh Kumar Anand
  • Rahul Chakraborty

Abstract

Extant studies deciphering public expenditure on old-age income support in India carry limitations on (a) system expanse, (b) corresponding data collation, and therefore (c) depth of resource conscription. Benchmarking to the five-pillar architecture advanced by World Bank for old-age income support system, we trace (a) elderly covered, (b) public expenditure, (c) workers included, and (d) average benefits, for the year 2013-4 under each pillar in India.

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  • Mukesh Kumar Anand & Rahul Chakraborty, 2019. "Public Expenditure on Old-Age Income Support in India: Largesse for a Few, Illusory for Most," Working Papers id:13035, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:13035
    Note: Institutional Papers
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    Cited by:

    1. Sacchidananda Mukherjee, 2020. "Inter-governmental Fiscal Transfers in the Presence of Revenue Uncertainty: The Case of Goods and Services Tax (GST) in India," Journal of Development Policy and Practice, , vol. 5(1), pages 74-102, January.
    2. Chakraborty, Lekha & Nayyar, Veena & Jain, Komal, 2019. "The Political Economy of Gender Budgeting: Empirical Evidence from India," Working Papers 19/256, National Institute of Public Finance and Policy.

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    More about this item

    Keywords

    eSS; public expenditure; old age income support; World Bank for old-age income support system; elderly; India.;
    All these keywords.

    JEL classification:

    • H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination

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