B C Khanduri to head parliamentary standing committee on defence to examine operational preparedness of armed forces

The parliamentary standing committee on defence has been constituted to examine the operational preparedness of the armed forces and review the accidents involving strategic defence assets. The committee, headed by BJP MP B C Khanduri, will also assess the procurement ..

India improves in pension index

The index value for India in Melbourne Mercer global pension index has improved from 40.3 in 2015 to 43.4 in 2016 because of an increase in the net replacement rate. It is a measure of the adequacy of post-retirement income. ..

Srikrishna committee: ‘Common regulator for financial sector’

As per the suggestions made by Financial Sector Legislative Reforms Commission (FSLRC), headed by former Justice B. N. Srikrishna, key regulators such as the Securities and Exchange Board of India (SEBI), the Insurance Regulatory and Development Authority (IRDA), the Pension ..

Implications of 26% FDI in Pension Sector

Recently, the Cabinet has approved changes in the Pension Fund Regulatory and Development Authority (PFRDA) Bill, which will also pave the way for 26% foreign investment in pension fund management companies. What is PFRDA Bill? PFRDA was set up as ..

Month: Current Affairs - January, 2012

Category: Government Schemes Current Affairs

New Pension Scheme posts low returns

New Pension Scheme is being promoted as long-term financial instrument for an investors old age security. But the latest data released by Government have presented a dismal picture. Investment Options in NPS: The NPS subscribers have two investment options. First ..

Month: Current Affairs - November, 2011

Category: Government Schemes Current Affairs