India has an enviable workforce, but not all get the golden handshake, or in other words, a decent pension after retirement.

While government employees and some in the private sector are secured under one or the other pension programmes, those working in the informal sector like construction and gig workers, who account for over 80% of India's total workforce, remain outside formal pension coverage.

Which is why it isn't baffling to know that India's pension system is ranked among the weakest globally at 45 out of 77 countries, as per the Mercer-CFA Institute Global Pension Index 2025.

In fact, the government's own Economic Survey 2025 noted that India needs an inclusive pension system as pension assets account for just 17% of GDP compared to up to 80% in advanced economies. Moreover, j

See Full Page