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.
