Unfunded schemes such as the old pension scheme are not sustainable, something that is being witnessed the world over, Pension Fund Regulatory and Development Authority (PFRDA) chairman Deepak Mohanty told ET in an interview. Mohanty is a member of the committee looking into pension systems for government employees, set up after the clamour from multiple states to switch to the old pension scheme.
Mazagon Dock shares dive 13% as govt to exercises oversubscription option to sell additional 1.18% stake
Mazagon Dock OFS: Mazagon Dock Shipbuilders shares plunged 13% to hit an intraday low of ₹2,207.30 on the BSE on Monday, following the government’s decision