Why it is in the news
The Department of Rural Development (Ministry of Rural Development) and the Pension Fund Regulatory and Development Authority (PFRDA) have signed an MoU in New Delhi, reported on 14–15 September 2026. It creates a cadre of 'Pension Sakhis' — women drawn from the DAY-NRLM self-help group network — to bring pension products to rural households.
The exam angle
Issue: how can India extend old-age income security to an ageing, largely informal and rural population?