Friday, March 4, 2016

NaMo ( = MMS2) orders Minister cum Rockefellar agent Jayant Sinha to make statement that Provident Fund money should be invested in share market !!! (3-Mar-2016) No.3

March 3, 2016 No.3

https://www.facebook.com/mehtarahulc/posts/10153319257871922

NaMo ( = MMS2) orders Minister cum Rockefellar agent Jayant Sinha to make statement that Provident Fund money should be invested in share market !!!
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http://economictimes.indiatimes.com/articleshow/50851577.cms?
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Jayant Sinha favours raising EPFO investments into equity market
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Citing global empirical studies, Minister of State for Finance Jayant Sinha said that it has been established that systematic investment plans and average costing approach generate the best returns for long-term investors.
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Citing global empirical studies, Minister of State for Finance Jayant Sinha said that it has been established that systematic investment plans and average costing approach generate the best returns for long-term investors.
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NEW DELHI: Minister of State for Finance Jayant Sinha on Thursday said investors who are saving for retirement should have access to a full range of pension products.
"Products such as venture capital and private equity which have generated very strong real returns around the world," he said.
At present, National Pension System (NPS) has more than 1.14-crore subscribers with total Asset Under Management (AUM) of more thanRs 1.09 lakh crore.
Sinha also favoured increasing the Employee Provident Fund Organisation (EPFO) investments into the equity market to up to 15%.
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I oppose this nonsense.
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Share market means giving away money to desi videshi elitemen.
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What we need is 0% money printing and 0% interest. That will have better value for money.
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NaMo's decision to support share market for PF funds is as as MMS = SoGa. And Argandhi is also supporting this nonsense.

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