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SEBI chief: How long can pension reforms be deferred?

The SEBI Chairman, Mr U. K. Sinha, has called for implementation of pension reforms. Speaking at the Skoch summit in Mumbai, he said: “It has been a decade and yet they have not come through. How long can we defer this?” Mr Sinha pointed out that passing the PFRDA Bill was not the end. “In my view, it will serve a purpose — a limited purpose. The largest pension funds in the country, which have been managed under the central law, are they being reformed?” he asked.

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