Even before the stock market-linked new pension scheme could attract a sizable following, the government has decided to roll out a national retirement plan that promises a fixed income to the 400 million workers in the unorganised sector. In the process, it will whittle down the role of the NPS that was supposed to be the basis of the nation wide social security plan. The central government has already begun working out the plan with states that have a reputation for being quick off the block. The department of financi...
