Mamata slams Centre for slashing interest rates on EPF
PTI, Mar 13, 2022, 3:08 PM IST
West Bengal Chief Minister Mamata Banerjee on Sunday slammed the Centre for slashing interest rates on Employees’ Provident Fund (EPF), sarcastically stating that it was ”gift card” from the BJP government after the party’s victory in Uttar Pradesh.
Banerjee called for united protests to thwart this ”anti-people step, which has been taken at the expense of farmers, workers and the middle class”.
”After the UP victory, the BJP government comes out with its gift card immediately! It, at once, unmasks itself by proposing to slash the interest rate on Employees’ Provident Fund deposits to a four-decade low,” Banerjee tweeted.
On Saturday, the interest rate on employees’ provident fund deposits was cut to a four-decade low of 8.1 per cent for 2021-22 fiscal from 8.5 per cent the previous year.
”This is amidst the pandemic-hit financial stresses of the middle and lower middle-class workers and employees of the country.” Banerjee wrote.
”The anti-people, anti-worker step exposes the crudely lopsided public policies of the current central establishment, which espouses interests of big capital at the expense of farmers, workers, and middle classes. The black initiative must be thwarted by united protests,” she added.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
FSSAI directs online platforms to deliver food items with minimum 45 day shelf life
Maharashtra Elections | PM Modi has eliminated terrorism, Naxalism; Article 370 not coming back: Amit Shah
Ayodhya: Security beefed up around Ram Temple after ‘threat’ by pro-Khalistan leader Pannun
India successfully test-fires long-range cruise missile
Man accidentally steps onto fellow rail passenger’s bag containing matchboxes, friction causes fire in coach
MUST WATCH
Latest Additions
FSSAI directs online platforms to deliver food items with minimum 45 day shelf life
Maharashtra Elections | PM Modi has eliminated terrorism, Naxalism; Article 370 not coming back: Amit Shah
Ayodhya: Security beefed up around Ram Temple after ‘threat’ by pro-Khalistan leader Pannun
India successfully test-fires long-range cruise missile
Blind T20 WC: Indian team eyes clearance from MHA, MEA; Sports Ministry clears travel to Pakistan
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.