Perhaps the biggest favour the government will do to middle class working households is to allow private sector pension funds (‘Private pension funds to start by April 1’, November 20). So far, individuals have had no option but to save with the EPFO which offers lower interest rates since it does not invest in the stock markets and also offers poor service — try getting your funds transferred when you change your job! Or try to find out the balance in your account.
Vinay Sinha, Mumbai