The Pension Fund Regulatory and Development Authority (PFRDA) is a regulatory body in India that oversees the country's pension sector. Established in 2003, the PFRDA's primary objective is to promote, develop, and regulate pension funds, ensuring security and sustainability of pension schemes for citizens. Key functions of the PFRDA include: 1. **Regulation**: It sets regulations for pension funds and related entities, ensuring they operate in a manner that protects the interests of subscribers.
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