India, Oct. 17 -- The Finance Ministry has received about 45 applications for the PFRDA chairman post, which has been lying vacant since April 23 this year.

Pension Fund Regulatory and Development Authority was re-constituted into a statutory body after notification of PFRDA Act in 2014.

Some 40-45 applications have come for the post of PFRDA Chairman which have been sent to the high-level panel that will select a suitable candidate for the post, sources said.

The Financial Sector Regulatory Appointments Search Committee (FSRASC), headed by the cabinet secretary, is free to identify and recommend any other person too, who has not applied for the post, based on merit.

According to a public notice, the appointment will be for a period of ...