The recommendation of the Parliamentary Standing Committee on Finance to devise a mechanism to ensure a minimum assured return to subscribers of New Pension System (NPS) flies against the raison d’etreof the NPS, to reduce the burden of pension on government finances.
http://economictimes.indiatimes.com/opinion/editorial/what-the-government-must-do-to-make-new-pension-system-more-acceptable/articleshow/9866251.cms
