MUMBAI: The corpus under the
National Pension Scheme
is expected to surpass
Rs 15 lakh crore
by
March 2025
, according to Deepak Mohanty, chairman, Pension Fund Regulatory Authority. “The corpus is currently around Rs 12.5 lakh crore and it is steadily growing. Our expectation is that by March 2025, under normal market conditions, this will grow to Rs 15 lakh crore,” said Mohanty.
“Last year, we added 9.7 lakh subscribers to the NPS and this year we are anticipating an addition of 11 lakh subscribers,” he added.
We also published the following articles recently
Maharashtra government to give pension for Warkaris
Learn about the state government’s new pension scheme for senior citizens participating in the Pandharpur pilgrimage. Find out how a new corporation will support the Warkari community during the annual pilgrimage.
Postal dept to conduct pension adalat for employees
Learn about the upcoming 55th Postal Pension Adalat in Maharashtra, addressing pensionary benefit issues for retired employees and their families. Find out how individual pensioners can submit their grievances before the deadline on July 31.
Creamy layer income cap was last revised in 2017 to Rs 8 lakh per year
Learn about the ongoing controversy over the OBC creamy layer criteria and the delayed revision of income ceiling for quotas. Genuine backward aspirants are facing challenges as the income limit remains unchanged for seven years.