News Asia20 Oct 2017

India:A lot more people need to subscribe to pension schemes

20 Oct 2017

A large section of Indian society still lacks access to pensions and this is a cause of concern for the Pension Fund Regulatory and Development Authority (PFRDA) and the government, said PFRDA Chairman Hemant Contractor at a recent conference on the Atal Pension Yojana (APY), a government-backed pension scheme targeted at the unorganised sector.

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