Dear Comrades,
One of our young comrade Sujit Panda has raised some queries regarding the future of N P S. Perhaps everyone is well aware of the fact that Govt. of India has earlier introduced CPF and subsequently implemented it as NPS for the retirement benefits of the employees joined to Government service after 1st April 2004. Com. Sujit has monitored the procedure through which NPS amount is being invested by the Govt and gone through the outcome. The volatile conditions of the stock/share market is clear to all. As on the present date with the share of investments in SBI/UTI/LIC (as per the norms of NPS) the position is not good enough to return a promising value. The utilisation and investment of our money needs to be reassessed and for that union requests all of you to share your views and send your suggestions to our email id so that we can make a review of it and send our legitimate demand to CHQ with necessary details for initiating any fruitful action so that our hard earned be invested very carefully to give us a good return.
