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    <title>Major task Before us now is to Implement PFRDA Act 2013 in Letter and in Spirit: FM</title>
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    <description>The PFRDA Act grants statutory status to the regulator to strengthen NPS governance by ensuring subscriber choice of fund managers and schemes, permitting regulator notified minimum assured return schemes and a government securities only option, while allowing limited equity and other investments subject to caps to prevent excessive risk; the Act embeds parliamentary accountability, mandates investments in accordance with law, and seeks to broaden NPS coverage and awareness, especially in the unorganized sector.</description>
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