Arunachal in pact with NSDL for adoption of National Pension Scheme

Wed 09 Jan 2013

Arunachal Pradesh has entered into an agreement with National Securities Depository Ltd (NSDL), authorising it to work as a Central Record Keeping Agency (CRA) for adoption of the National Pension System (NPS).

NPS is an initiative of the Centre and Arunachal Pradesh is the 26th State to adopt it.

NSDL has been entrusted with the task of maintaining subscriber-wise records of the investments made on their behalf. The entire NPS activity is regulated by the Pension Fund Regulatory Development Authority which has been created especially for this purpose by the Centre.

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