There was a time when India's pensions system grew to become a threat to the country. Then we fixed it -- kinda. And now it's going to hell again.

Welcome to Episode 65 of Everything is Everything, a weekly podcast hosted by Amit Varma and Ajay Shah.

In this episode, Ajay takes us through the history and evolution of pensions, why the Old Pension Scheme (OPS) was such a catastrophe, how there was a bipartisan consensus on the New Pension Scheme (NPS), and how this field is on fire again. And of course, why it matters -- because it does!

TABLE OF CONTENTS:
00:00 Packaging
00:13 Intro: Who Will Stop the Bleeding?
02:45 Chapter 1: Why We Are Doing This Episode
05:46 Chapter 2: The Origin of Pensions
18:21 Chapter 3: The Evolution of Pensions
31:37 Chapter 4: The Old Pension Scheme
40:19 Chapter 5: The New Pension Scheme
55:38 Chapter 6: The Political Process
1:09:16 Chapter 7: What Went Wrong?
1:28:27 Chapter 8: What About the Unified Pension Scheme?
1:34:29 Chapter 9: Structural Reforms vs Parametric Reforms
1:41:25 Chapter 10: Recommendations

For magnificent, detailed, juicy show notes, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.