pension

Future challenges of India’s ageing population

Future challenges of India’s ageing population

October 18, 2017

A demographically young country like India is ageing gradually. By 2050, 1 out of every 5 people in India will be over 60. Is India equipped to tackle the challenges such as financial inequality and basic life support of an increasingly ageing population?

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A sharp increase in salaries for government staff and pensioners in India

A sharp increase in salaries for government staff and pensioners in India

June 30, 2016

The Union Cabinet in India accepted the Seventh Pay Commission’s recommendations to increase salaries and pensions for 4.7 million employees and 5.3 million pensioners in the country, which could boost the Indian economy. Demand for housing, automobiles and consumer durables is...

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Indian Budget 2016

Indian Budget 2016

February 29, 2016

The 2016 Indian Budget, presented on Monday by Finance Minister Arun Jaitley, is first focused on a rural economy that still needs some boosting. It aims also at further reforms to accelerate investments, while keeping the public deficit at 3.5% of the Gross Domestic Product. And...

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