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Sustainable Pension Reform In India: Towards A Market‐Based System

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  • Oskari Juurikkala

Abstract

Market‐based pensions are developing slowly in India because of distorting tax rules and draconian investment regulations. Recent reform proposals point in the right direction but fail to address the fundamental issues. Instead of creating large‐scale pension policy blueprints, India needs to develop better tax rules, reduce regulation and let markets develop products to meet the needs of the people.

Suggested Citation

  • Oskari Juurikkala, 2008. "Sustainable Pension Reform In India: Towards A Market‐Based System," Economic Affairs, Wiley Blackwell, vol. 28(1), pages 35-40, March.
    • Handle: RePEc:bla:ecaffa:v:28:y:2008:i:1:p:35-40
    DOI: 10.1111/j.1468-0270.2008.00798.x
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    1. Ranadev Goswami, 2002. "Old age protection in India: Problems and prognosis," International Social Security Review, John Wiley & Sons, vol. 55(2), pages 95-121.
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