Government of India
Ministry of Finance
In this regard, during the recently held Board Meeting some important decisions were taken to improve the operational and regulation issues in National Pension System (NPS). Some of the decisions taken in the Board Meeting are as follows:
- Budget announcement- Rating criteria for investments:
- Introduction of a Common Stewardship Code:
- Modification in Partial Withdrawal rules under NPS:
- Increasing cap on equity investment in active choice to 75% from current 50% for Private Sector Subscribers:
Currently, NPS and APY have a cumulative subscriber base of over 2.13 crore with total Asset Under Management (AUM) of more than Rs. 2.38 lakh crore.