India can improve its score by improving minimum support and expanding coverage of pension arrangements to workers in the unorganised sector, a report said.
India has slipped to the 45th position out of 47 countries on the Global Pension Index 2023. While India s score improved marginally, the report suggests that India can enhance its pension system by improving minimum support, expanding coverage to unorganized workers, and easing regulations for the private pension system. The Netherlands, Iceland, and Denmark topped the index.
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