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Big Move: Govt announces committee to address concerns of employees on NPS

Big Move: Govt announces committee to address concerns of employees on NPS: The government on Friday announced that a committee under the finance secretary will be set up to improve the New Pension System (NPS) with a view to take care of the concerns of central government employees while maintaining fiscal prudence. While moving the Finance Bill 2023 for consideration and passage in the Lok Sabha, finance minister Nirmala Sitharaman said that the new approach to the NPS will be designed for adoption by both central and state governments. "I propose to set up      Read More