Amitabh Dubey

Director of India Research
+91 99999 10781

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Recent India research

* India: Stake sales to test Modi’s political will, Shumita Sharma Deveshwar, 10 Aug 2017
* India: Competition with China enters new phase, Amitabh Dubey, 3 Aug 2017
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* India: Politics hampers RBI’s battle for credibility, Shumita Sharma Deveshwar, 13 Jul 2017
* India: Food deflation changes electoral dynamics, Amitabh Dubey, 7 Jul 2017

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New pension plan will deepen financial markets

Overview

The defined contribution New Pension Scheme that was implemented nationwide in May 2009 will contribute to India’s financial development by diversifying savings into financial instruments such as equities and bonds rather than bank deposits. It will help extend pension coverage to the 88 per cent of the workforce that lack old age security and will do so without placing an unsustainable fiscal burden on the centre and state governments. The increased accumulation of long-duration...

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