Chief Economic Adviser V. Anantha Nageswaran on Tuesday said India's growing pension savings can play a crucial role in financing infrastructure and supporting the country's Viksit Bharat vision, while delivering stable, long-term returns for subscribers.
Addressing an event organised by the Pension Fund Regulatory and Development Authority (PFRDA), Nageswaran said pension funds, given their long investment horizon and patient capital, are well suited to back long-term development projects that match their future liabilities.
