Reforms and outlook, Financial Management

Reforms and Outlook

Pension funds in India is an area that is yet to be fully explored compared to those of other economies of the world. The pension reforms are expected to facilitate a healthy growth supporting both the economy and individuals.

The administration of the EPF and pension schemes is a monumental task. The quality of service provided to the subscribers of the service is dismal. There are many cases of delays in the release of payments. Cases of double payment to pensioners and continuing pensions released in the name of dead pensioners are not unheard of. The systems of management of the pension as also provident funds are in the dire need of an overhaul. Let us discuss the problems arising due to the existing structure in India.

 

Posted Date: 9/11/2012 1:54:06 AM | Location : United States







Related Discussions:- Reforms and outlook, Assignment Help, Ask Question on Reforms and outlook, Get Answer, Expert's Help, Reforms and outlook Discussions

Write discussion on Reforms and outlook
Your posts are moderated
Related Questions
Timing of Financial Reports: Just as the actual report requirements differ depending on the requirements of the stakeholder that will be using them, so too will the timing of t

Operating Budget It is a collection or set of formal financial documents that details expected expenses and revenues, as like all other expected operating and financial transac

Pay Back Period (PBP) : This is the most popular method employed by industrial practitioners for ranking investment projects. This is described as the "period required for a pr

When are the financial crises occurred? Financial crises arise where there is a large raise in asymmetric information into financial markets. Asymmetric information arises whil

What can a financial institution often do for a deficit economic unit (DEU)that it would have difficulty doing for itself if the DEU were to deal directly with an SEU?

Role of Sponsor In the establishment of mutual fund trust, the main role is played by the sponsors. Both the trustees and the fund managers or the asset management company have

Chi Square Test as a Test of Independence In real life decision making, managers often have to know whether the differences between the proportions observed from a number of sa

The call prices for various issues mentioned above are known as regular redemption prices. Point to be noted is that the regular redemption prices are above

one page paper reviewing "the Morgan Stanley Oil and Gas Report"

When an investor purchases non-callable or non-putable convertible bonds, he would be buying a non-callable/non-putable straight security and also buying a call o