<h1>Economic Survey 2024-25 urges expansion of pension coverage to boost social security, focusing on scalability and cost-effectiveness.</h1> The Economic Survey 2024-25 emphasizes the need to expand pension coverage to enhance social security in India. Currently, only 5.3% of the population is covered by the National Pension System (NPS) and Atal Pension Yojana (APY). The survey highlights the importance of scalability and low costs for broadening coverage, particularly for small transactions. While the NPS is noted for its low-cost, defined contribution model, APY focuses on the unorganized sector. Despite progress, further efforts are needed to make the pension system more accessible, especially for the informal sector, as India's old-age dependency ratio remains relatively low.