Pension Funds Can Power India's Infra Growth And Drive Development: CEA Nageswaran
New Delhi, June 30 -- Pension savings can play a key role in financing infrastructure and supporting India's journey toward becoming a developed nation, Chief Economic Adviser (CEA V Anantha Nageswaran said on Tuesday, while cautioning against funds chasing returns at the cost of long-term liability matching.
Addressing an event organised by the Pension Fund Regulatory and Development Authority (PFRDA), Nageswaran said a deep and well-governed pension pool could support growth-oriented investments while ensuring liability-aware returns for subscribers, positioning pension capital as a natural fit for nation-building investments, PTI reported.
Lessons from Global Pension Stress
Nageswaran pointed to funding challenges faced by pension f...
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