Many low-income earners in India rely on their children and families to support them in retirement.

The government has announced its intention to launch a new pension initiative for these workers. It is noble in the extreme in that it is a social security initiative which does not exclude society's poorest.

It is not the first though. Previous governments have tried to create similar programmes. But fiscal experts warn the costs of running it successfully could significantly impact the national budget.

So in a country of a well over one billion people, can the Indian government actually afford this new pension programme?

Faiz Jamil reports from India.

Source: Al Jazeera