Categories: National

PFRDA to observe NPS Diwas on October 01, 2021

Pension Fund Regulatory and Development Authority (PFRDA) will observe October 01, 2021 as the National Pension System Diwas (NPS Diwas). This campaign has been started by PFRDA under the ‘Azadi Ka Amrit Mahotsav’ to promote pension and retirement planning for a carefree ‘azad’ retirement. PFRDA is promoting this campaign on its social media platforms with #npsdiwas.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

The pension regulator aims to encourage every citizen (working professionals and self-employed professionals) to plan towards creating a financial cushion to ensure for onself a financially sound future after retirement. NPS subscribers will enjoy the benefits, power of compounding now and reap many of the benefits after retirement.

About PFRDA

  • Pension Fund Regulatory and Development Authority is the regulatory body under the jurisdiction of the Ministry of Finance, Government of India for overall supervision and regulation of pension in India.
  • The Pension Fund Regulatory & Development Authority Act was passed on 19 September 2013 and the same was notified on 1 February 2014.
  • PFRDA is regulating NPS, subscribed by employees of Govt. of India, State Governments and by employees of private institutions/organizations & unorganized sectors. The PFRDA is ensuring the orderly growth and development of the pension market.

Find More National News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

ISRO’s PSLV-C61/EOS-09 Mission Faces Setback Due to Stage-3 Glitch

In a rare setback, the Indian Space Research Organisation (ISRO) was unable to accomplish its…

25 mins ago

China vs USA: Who Will Dominate the 21st Century?

As the world navigates an era of rapid transformation, the geopolitical contest between China and…

44 mins ago

Top-10 Countries with the Highest Foreign Exchange Reserves by 2025

Foreign exchange reserves are like a country's financial savings. These include foreign money (like dollars…

51 mins ago

Gyan Bharatam Mission: A New Era for India’s Manuscript Heritage

Prime Minister Narendra Modi is set to launch the revamped National Manuscripts Mission (NMM) on…

51 mins ago

Chandrayaan-3 vs Luna-25: Race to the Moon’s South Pole

The race to the Moon’s south pole in 2023 saw two major space powers—India and…

57 mins ago

ISRO vs NASA: Budget, Achievements, and Future Missions

When comparing global space agencies, ISRO (Indian Space Research Organisation) and NASA (National Aeronautics and…

2 hours ago