India Proposed Separating National Pension Scheme Trust From Pension Regulator PFRDA

The government has proposed to separate the National Pension Scheme Trust from pension regulator Pension Fund Regulatory and Development Authority in order to address issues over conflict of interest. The PFRDA implements and regulates the NPS and Atal Pension Yojana through various intermediaries including, the NPS Trust. The matter of conflict of interest arises as PFRDA is the regulator of the pension sector in India, at the same time it runs...

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Everything you want to know about Atal Pension Yojana in indian

Atal Pension Yojana was introduced to benefit those people in the unorganised sector. The scheme provides financial security for old age and helps people deal with illness, accidents and diseases. The scheme also benefits private sector employees who are not given pension benefits by their company. Under this scheme, the investors get a fixed pension of Rs 1000, Rs 2000, Rs 3000, Rs 4000, or Rs 5000 on attaining an age of 60. The amount depends...

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