Thursday, January 10, 2008

Pensions on the stock market!

The latest rumors that is doing the rounds in the finance ministry is the idea of investing the pension funds in the stock markets. The very idea of playing fast and loose with the pension funds is anathema to many a government person and the civil service for one is not at all pleased with the way that the finance ministry is operating business here in New Delhi. It is high time that the finance ministry woke up and smelt the roses, that the idea of investing the funds in a market that seems to swing with volatility between the bear and the bull is not acceptable to anyone here in India!

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