PFRDA shouldn’t push a pull product4 min read . Updated: 04 Mar 2013, 05:59 PM IST
PFRDA has consistently shied away from focusing on pull factors and softer needs of the investor.
The National Pension System (NPS) was put in place in view of the fact that there was no formal pension system for the unorganized sector. The other gap point was to reduce the fiscal stress on the balance sheet of the state due to defined benefit pensions by shifting new government employees to a defined contribution pension system.
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