Ministry of Finance on 17 April, 2023 has issued clarification regarding Procedure for remitting the interest earned from the funds of Centrally Sponsored Schemes. Release of funds under Centrally Sponsored Schemes (Css), monitoring utilization of funds released and Procedure for remitting the interest earned from the funds released shall be done through the single nodal account of Single Nodal Agencies (SNAs).
Launch of Association of NPS Intermediaries
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,