- Decks cleared to invest postal life insurance funds in the stockmarket. Being a departmental decision, Parliament approval not required.
- Funds to be handled and investments to be made by a private asset management company.
- This AMC is to be selected by open tender bids.
- Returns to be linked to market performance of funds. Current fixed rate of 8 per cent annual returns to be scrapped.
Old Scheme, New Avatar
Old Scheme, New Avatar
Old Scheme, New Avatar
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