Speech of Lalu Prasad

A bill to provide for the establishment of an Authority to promote old age income security by establishing, developing and regulating pension funds, to protect the interests of subscribers to schemes of pension funds and for matters connected therewith or incidental thereto....

There are several themes which emerge from the comparative analysis of social security systems in Southeast Asia. Each country will need to address the limitations of their respective system in relation to each of the themes outlined. The first theme concerns the need for a multi-tier social...

Two agendas of the heterodox economics programme; the stock-flow consistent models pioneered by Wynne Godley, and the monetary circuit approach researched in France and Italy are discussed. The objective is to present a coherent account of two innovations in payments mechanisms: deposit-creating...

Non-contributory social security is increasingly attracting the attention of developing country policymakers and observers, not least as a mechanism to help address the perceived failure of contributory social security to reduce poverty in developing countries. This development is most visible...

The government is likely to re-work tax benefits to make investments in pension funds more attractive for private sector employees. At present, only central government employees can claim tax deductions under a new pension scheme announced in the 2004 Budget

PFRDA 1) Current provision of Pensions in India 2) Why review Pension Systems? 3) Governments’ Initiatives 4) New Pension System (NPS) 5) Present Status 6) Why PFRDA Bill? 7) Some clarifications 8) Recent International Experience 9) Road Ahead- issues, challenges and opportunities

Public Finance

The Provident Fund office may not have relevant data on more than 80 pere cent of its members.

The Pension Fund Regulatory and Development Authority Bill, 2011 was introduced in the Lok Sabha by Mr. Pranab Mukherjee, Minister for Finance on March 24, 2011. The Bill was referred to the Standing Committee on Finance (Chairperson Mr. Yashwant Sinha) on April 8, 2011. The Committee submitted...