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The Hindu
The Hindu
National
Sandeep Phukan

Opposition MPs raise rate cut on EPFO deposits in Lok Sabha

EPF EPFO Lok Sabha

Special Correspondent

Opposition members in the Lok Sabha including DMK’s T.R. Baalu and Trinamool Congress’ Sougata Roy on Monday criticised the Centre for lowering the interest rate on Employees Provident Fund deposits to 8.1% and demanded its restoration to its earlier level.

Speaking during the Zero Hour, Mr. Baalu demanded that the Centre should restore 8.5% and fix the minimum pension under the employee pension scheme (EPS) at ₹3,000 per month.

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