

Ep 347: India's Massive Pensions Crisis
4 snips Sep 18, 2023
"Pensions can reshape an entire society." Ajay Shah and Renuka Sane discuss India's massive pensions crisis and its impact on society. They explore the origins and structure of pensions, the implications of increased longevity, and the unsustainability of India's current pension system. They also address the urgent need for pension reform and the challenges faced in implementing a new system. The speakers highlight flaws in India's National Pension System (NPS) and the pressures faced by government employees. Finally, they discuss the fiscal crisis and restrictive investment guidelines in India's pension funds.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Introduction
00:00 • 5min
Defining 'good' and discussions on India's pensions crisis
04:54 • 2min
Exploring Work in Rule of Law in the Economy and Journey in the Field
06:29 • 2min
The Influence of Environment on Passion and Concern Towards Societal Issues
08:41 • 8min
The Origins and Structure of Pensions
16:44 • 15min
Three Types of Pension Indexation
31:51 • 3min
Implications of Longevity on Pensions
35:16 • 15min
The Evolution and Unsustainability of Pensions in India
50:18 • 31min
Pensions, Paternalism, and Problems: A Global Perspective
01:21:41 • 18min
Addressing the Pensions Crisis in India
01:39:57 • 18min
Staff Continuity, Intellectual Capital, and UPA1 Government's Deliberations on National Pension System (NPS)
01:57:33 • 5min
Flaws in India's National Pension System (NPS)
02:02:53 • 17min
The Impact of Shifts in Department and Short-Termism on Governance
02:19:54 • 1min
The Pressures of India's Pension System
02:21:10 • 24min
The Fiscal Crisis and Restrictive Investment Guidelines
02:45:29 • 25min