Reduction in the EPFO interest rate from 8.5% to 8.1% will adversely affect more than 7 crore EPFO subscribers

 

Letter to Union Finance Minister by E. A. S. Sarma, Former Secretary to Government of India.

It is high time that the government revisits its ill-advised policy of looking upon privatisation as the means to reform. By privatising the CPSEs and exposing the low-income households’s hard earned savings to the whims and fancies of private investors, the government will be committing a serious breach of the public trust.

 

Upload.Sarma letter.EPFO

 

 

 

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