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6) The committee under G.N. Bajpai, former chairman of Life Insurance Corporation of India and the Securities and Exchange Board of India (Sebi), has recommended some major changes to the existing National Pension Scheme. Discuss these recommendations and their likely impact on subscribers if these recommendations are implemented.

Topic: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. 

6) The committee under G.N. Bajpai, former chairman of Life Insurance Corporation of India and the Securities and Exchange Board of India (Sebi), has recommended some major changes to the existing National Pension Scheme.  Discuss these recommendations and their likely impact on subscribers if these recommendations are implemented. (200 Words)

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