New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the appointment of Pramod Kumar Singh as Member (Law) of Pension Fund Regulatory and Development Authority (PFRDA). According to an from the Department of Personnel & Training (DoPT), the ACC has approved his appointment for the post of Whole-Time Member (Law) in PFRDA. Prior to this, he was serving as Secretary in the Competition Commission of India (CCI) since January 2019.
Education and background
Singh is an alumnus of Canning College of Lucknow. He is a science graduate (BSc) and holds an LLB and Post Graduate Diploma in Economics for Competition Law. Prior to his appointment as Secretary in the Competition Commission of India, he was serving as Adviser (Law) in the same department. In addition to this, he had served as Adviser & Head in Anti-Trust Division, Civil Judge and Additional District and Sessions Judge in Allahabad High Court, Secretary/Registrar in the Debt Recovery Appellate Tribunal, Delhi and as Law Draftsman in Law Commission.
Pension Fund Regulatory and Development Authority (PFRDA)
The Pension Fund Regulatory and Development Authority (PFRDA), a statutory body, is the pension regulator of India which was established by the government on August 23, 2003, and was authorised by the Ministry of Finance, Department of Financial Services. Upon introduction of the PFRDA Bill by the government in the Parliament and the subsequent passage of the PFRDA Act in 2013, the Authority became a Central Autonomous Body. PFRDA is a government regulatory body having executive, legislative and judicial powers. PFRDA promotes old age income security by establishing, developing and regulating pension funds and protects the interests of subscribers to schemes of pension funds and related matters.