Freezing central bank assets; Rajasthan return to old pension system

My column in the Business Standard today is How damaging is freezing central bank assets?

A big achievement in economic policy of the 1990s and 2000s was the New Pension System. In a remarkable reversal of this reform, Rajasthan recently went back to the old pension system for its civil servants. Rajiv Mehrishi and Renuka Sane have a column in the Indian Express on this.

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