Government is more worried about the members and labour and is insisting industries to contribute towards EPF. It should be equally concerned that whosoever retires he should get his money back in time. Govt. has not thought sincerely any plan and discipline for it.Idf any it isyet to be implemented efectively. A retired person has to wait some time years together to get his own hard earned money which becomes his only source of income . The Social Security Number plan too has gone in to dustbins . for the last 3 years or more nothing much has been done in this regard. Can any body throw light on this.
While the media keeps harping on EPF interest rates, there is a deathly silence about GPF which is the PF Government employees subscribe to. It has been forever stagnating at 8% not withstanding galloping inflation and interest rates. Why is it that the pious Left always harps on EPF while it conveniently forgets GPF. In fact nobody even knows what GPF is. Same with PPF which is the PF to which non employees, that is the famous aam aadmi subscribes to. It has also been stagnating at 8% for years. Even the media which creates such a ruckus about babus getting a raise of 7846 crores as if each of the peons of the Government of India gets a monthly raise of 7846 crores whenever a measly 4% DA hike is announced doesnt even know what GPF and PPF are all about.
The biggest dicision is "not to take any decision " this is what govt is doing for EPF of poor people .mp and ministers increase there salary and perks as and when they want . but when time comes to increase intrest rates of poor peoples fund they say 8.5% is enough .they forget rising inflation . rising living cost etc etc .
Govt has done enough to reduce Indian Debts and inflation is out of control now its time for some reality check Does The ministers really care for Oridnary Government Employees or they still have to be dependent on Bribe .......
RE:Congress govt. Murdabad
by Demo-crazy on Jul 05, 2008 04:59 PM Permalink
They delayed reducing the interest rate under left pressure when the interest rates were down everywhere. Now that the rates are up, they resist it without left pressure for some time.
Ultimately it all squares up. You got more earlier, you get less now. Why crib?
RE:Public should seize all properties of congress leaders
by praveen bhosale on Jul 05, 2008 05:37 PM Permalink
not only congree. please include all the political parties in your list.
RE:EPF
by Demo-crazy on Jul 05, 2008 05:00 PM Permalink
They delayed reducing the interest rate under left pressure when the interest rates were down everywhere. Now that the rates are up, they resist it without left pressure for some time.
Ultimately it all squares up. You got more earlier, you get less now. Why crib so soon?
Interest rate increased everywhere, prise increasedevery where, but no increase in epf, ppf and postal saving schemes declared till. Is it a govt for am admi?
