New Delhi, March 4 -- A national pension policy could boost India's retirement coverage and, in turn, help channelise longterm resources for infrastructure financing, said Sumeet Kaur Kapur, executive director of India's Pension Fund Regulator Development Authority (PFRDA).

India currently has more than Rs.50 trillion of assets under various pension schemes but these account for only about 17% of the country's gross domestic product, or GDP, Kapur said.

She was addressing a webinar organised by the department of financial services on the 'regulatory, investment and ease of doing business reforms' announced by finance minister Nirmala Sitharaman in her Budget for 2025-26.

"If you look at developed countries, some of the developed countr...