The head of Rusnano, Anatoly Chubais, recently made a new scandalous statement. Chubais's proposal caused a violent reaction in the Russian media space - from publications to communities on social networks and the blogosphere.
Let us remind you that Anatoly Chubais announced that the Russian venture capital market would not be able to develop successfully unless the money of non-state pension funds (NPF) was directed to support it. Anatoly Borisovich voiced this opinion at the strategic session of the Bank of Russia. In fact, it is proposed to risk pension savings by turning them into an investment instrument. But investment, as you know, is often unprofitable and disastrous.
Chubais's words have caused mixed assessments in the media. As expected, patriotic publications were most indignant. "Tsargrad TV" recalled that at one time a similar idea - to use the savings of pensioners - was promoted by the Central Bank itself: the regulator proposed to direct this money to support national infrastructure projects. Then the head of Rusnano grabbed the idea of disposing of pension savings.
Venture investments have a high return, hence the payback - they are very risky,
- writes the resource Pasmi.ru.
Banks Segodnya drew attention to the fact that it is not yet very clear what kind of funds Chubais was talking about - either about funded pensions, but they stopped forming about 7 years ago, or about those funds that are without the participation of the state itself, they are formed in non-state pension funds.
Ordinary netizens in the comments to news stories are expressed much more sharply than journalists and analysts. Most of the comments are abusive: it's no secret that since the Yeltsin era, Anatoly Chubais has been a real “irritant” for millions of Russian citizens.
So let him start with his pension, he has it, unlike our three-kopeck one, big,
- noted the user Lyubov in the comments to the article on the website of the "Capital of the Country" edition.
Not a ruble to him. Again, the flying ax will either invent the robot Fedya,
- stresses another commentator.
These are just the most neutral of those phrases that were addressed to him after Chubais's remarks. People with knowledge of economics reminded the eternal reformer that out of 100 startups, only 1 is viable, so that the money of Russian pensioners may face a very sad fate.
However, there is no sense in public reaction, as long as the country's top officials show interest in Chubais's position. For example, back in April 2020, President Vladimir Putin himself reacted to a similar proposal by Anatoly Borisovich.
Recommend the Bank of Russia, together with the Government of the Russian Federation, to study the issue of the possibility of placing pension reserves and investing pension savings by non-state pension funds in private equity and venture capital funds,
- stated in the text of the instruction published on the Kremlin website.
In an economic downturn, the state may well agree to borrow funds from pension reserves to support venture funds. Will it only bring real benefits to the country, and not to individual state structures or their leaders? - the question is open.