Moneywise

Too Little Too Late

The adoption of the NPS by the public is stuck in a mess, which the new pension bill won’t solve…

Last week came the news that the Union Cabinet has approved the new pension bill. Now, all that remains for the PFRDA to start operating as a body with statutory authority is a vote in the parliament, which we are told to expect during the winter session. However, we’re now about seven years late on this one and no one should wait with baited breath for the bill to be pa

This article was originally published on November 23, 2011.


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