 "Nirmala sitharaman, Finance minister")
The Finance Ministry has ruled out proposals by a federation of central and state governments employees seeking modification in the National Pension Scheme, saying its corpus is invested in a prudential manner to ensure optimal returns and suggested that changes will be financially untenable.
The response comes following a petition to the Prime Minister's Office (PMO) by Manjeet Singh Patel, president of Delhi unit of the National Movement for Old Pension Scheme (NMOPS), seeking revival of the old pension scheme on account of uncertain returns, besides raising other matters.
Patel demanded modification in the National Pension Scheme (NPS) so that
