PFRDA appoints Dinesh Khara to head panel to attract global pension capital
New Delhi, July 9 -- The Pension Fund Regulatory and Development Authority (PFRDA) on Wednesday said it has appointed Dinesh Khara, chairman of NPS Trust, to head a high-level committee that will draw up a roadmap to attract long-term global pension capital into India. This will be done through partnerships between overseas pension funds and Indian pension funds under the National Pension System (NPS), as the regulator looks to deepen the country's long-term investment base for infrastructure and economic growth.
The committee, named ASCEND (Accelerated Scaling of Global Capital Ecosystem and NPS Development), will recommend measures to enable Indian pension funds to collaborate with leading global pension funds through co-investment pla...
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