09-02-2017 12:27 via news.yahoo.com

India may allow state pension fund EPFO to buy more stocks - minister

India is considering allowing the state-run social security and pension fund to invest more in the stock market, 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.
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