In a bid to modernise India’s pension framework and expand its reach, the Pension Fund Regulatory and Development Authority ( PFRDA ) is considering allowing exposure to commodities like gold and silver, while simultaneously targeting coverage for gig workers, Farmer Producer Organisations (FPOs), and Self-Help Groups (SHGs).

“We have been very conservative regarding investment guidelines. We have now got a request from pension funds — including from other regulators — to allow commodities to be brought within the fold of these investment guidelines,” S Ramann, chairperson Pension Fund Regulatory and Development Authority (PFRDA), said on Wednesday.

The regulator is cautiously weighing the inclusion of gold and silver within pension fund portfolios, with internal committees already eva

See Full Page