Developing
Business·2 days agoAI summary
India Plans New Pension Scheme Under EPFO 3.0 for Formal and Unorganised Sectors
India's government is developing a new pension scheme under the EPFO 3.0 framework, aiming to extend retirement benefits to formal and unorganised sector workers. The contributory plan will allow members to build a retirement corpus through government-backed investments, offering flexible withdrawal options or annuities at retirement.
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Economic Times3 min read