New Delhi, Feb. 27 -- The Central government is likely to introduce a Universal Pension Scheme to ensure social security for every Indian.

According to multiple reports, the Ministry of Labour and Employment has started discussions with various stakeholders to shape the framework for this ambitious project.

However, there is no official communication on the scheme yet.

The scheme is expected to be voluntary, allowing individuals to participate regardless of their employment status. This means that anyone willing to make monthly contributions can enrol and receive pension benefits.

Unlike existing schemes tied to specific jobs or sectors, this pension plan will be open to all, making it accessible to workers across industries, includin...