ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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A Pension Funds Regulator, At Last

   A Pension Funds Regulator, At Last After much delay and vacillation on the issue of whether to create a separate authority to regulate pension funds, the government has finally passed an ordinance giving statutory recognition to a Pension Fund Regulatory and Development Authority (PFRDA) in the country. Although the NDA dispensation had set up an interim PFRDA in January 2004, it has been almost defunct since its chairman and two members resigned after the UPA came to power, while the finance ministry

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