If you had read Nandan nilakeni's book - Imagining India', when he is listing the challenges india is facing, he has pointed out a pensioning system for private sector employees, who are going to come out in large numbers in another 30 years time frame and how govt of india is going to meet this situation as a challenge.
Good news here is government of india is going to table a Pension Bill for private sector employees in the next budget session. This fund will be invested in different financial instruments and also it will be overseen by Pension Fund Regulatory and Development Authority (PFRDA).
For more info...click the below link,http://businesstoday.digitaltoday.in/index.php?option=com_content&task=view&issueid=50&id=10013&Itemid=1§ionid=1
So, like all government employees, we too will have a retirement savings... :)
1 comment:
Interesting news!!!
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