India considering to allow state pension fund to buy more stocks - minister

NEW DELHI (Reuters) - India is considering to allow the state-run social security and pension fund to invest more in equity markets, Labour Minister Bandaru Dattatreya said on Thursday.

Dattatreya said the government was examining a proposal to let the Employees' Provident Fund Organisation (EPFO) invest 15 percent of its corpus via exchange traded funds compared with 10 percent at present.

(Reporting by Manoj Kumar)