Investment guidelines for NPS Scheme with effect from 10.6.2015 – PFRDA Circular

Investment guidelines for NPS Scheme with effect from 10.6.2015 – PFRDA Circular

Investment guidelines for NPS Schemes (Applicable to Scheme CG, Scheme SG, Corporate CG and NPS Lite schemes of NPS and Atal Pension Yojana) w.e.f, 10th June, 2015.

Pension Fund Regulatory & Development Authority issued an important circular regarding the investments guidelines for NPS Scheme with effect from 10.6.2015

"NPS investments have been restricted to 5% of the ‘paid up equity capital’* of all the sponsor group companies or 5% of the total AUM under Equity exposure whichever is lower, in each respective scheme and 10% in the paid up equity capital of all the non-sponsor group companies or 10% of the total AUM under Equity exposure whichever is lower, in each respective scheme."

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NFIR - 55 Point Charter of Demands Including DA Merger, Interim Relief and Scrap NPS

NFIR’s 55 Point Charter of Demands Including DA Merger, Interim Relief and Scrap NPS

1. Withdraw FDI, PPP in Railways – Stop Out Sourcing, Contractorisation and Privatization.

2. Scrap New Pension Scheme in Railways and restore liberalised pension scheme.

3. DA merger with pay with retrospective effect and payment of Interim Relief to Central Government employees (serving and retired).

4. Calculation and payment of Productivity Linked Bonus (PLB) on actual wages.

5. Transport Allowance be exempted from the purview of Income Tax.

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CENTRAL TRADE UNIONS SUBMITS JOINT MEMORANDUM TO FINANCE MINISTER

CENTRAL TRADE UNIONS SUBMITS JOINT MEMORANDUM TO FINANCE MINISTER

17th January 2015

The Hon’ble Minister of Finance, Govt. of India,

North Block, New Delhi

Dear Sir,

We thank you for inviting the central trade unions representing the working people in the country in both organized and unorganized sector for this pre-budget consultation.

In the previous pre-budget consultation meeting with you held on 6th June 2014, we urged upon you to please consider a directional change in the economic policy regime from that pursued during the previous government which, you have also admitted, had landed the country’s economy in a bad situation. In fact, we had articulated our views and proposals on that premise. But we like to submit candidly that our proposals did not receive a positive response and the economic policies followed the same trajectory and made situation worse for the mass of the people during the intervening period.

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