PFRDA Subject: Economy Context: India’s pension funds will soon be allowed to invest in select publicly listed companies and initial public offerings, the sector regulator said. Pension Fund Regulatory and Development Authority (PFRDA) Concept: Currently pension funds can only invest in companies with market cap more than ₹5,000 crore which also are in the […]

    PFRDA Subject : National Organisations Context : The Pension Fund Regulatory and Development Authority (PFRDA) crossed the milestone of Rs 6 lakh crore (Rs 6 trillion) of Assets Under Management (AUM) under the National Pension System (NPS) and Atal Pension Yojana (APY), after 13 years. Concept : PFRDA is a statutory body established […]