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2min chapter
Imagining MERA: My Empowered Retirement Account
Capitalmind Podcast
How to Invest in Long Term Investments
All of NPS put together for the last 20 years has added up to only seven lakh crores. We could in this one fell swoop get five to seven lakh crore per year into long-term investments, using this. It's not taxi though because you're remember, only tax on the way out. Anything that happens in the intermediary does not get taxed at all. That interest can be reinvested and it can be interested into equity. I don't think there is no concept of leverage here. There's no margin. You can only use the funds in your bank account the minute they are.
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