New Delhi, Oct. 1 -- Finance minister Nirmala Sitharaman on Wednesday said that the success of Atmanirbhar Bharat, a self-reliant India, depends as much on financially self-reliant households as it does on industry, arguing that robust pension and retirement solutions must become the centerpiece of India's social security framework.

"The growth of any nation depends on the robustness of the social security framework that is provided to them," Sitharaman said, stressing that recent reforms in the National Pension System (NPS) are designed to address both the supply and demand side of retirement planning and pension framework.

Speaking at a conference hosted by the Pension Fund Regulatory and Development Authority (PFRDA) in the national ...