The Employees’ Provident Fund Organization (EPFO) on Saturday decided to reduce the interest on provident fund deposits for 2021-22 and give interest at the rate of 8.1 percent.
New Delhi: CPI MLA Binoy Viswam on Monday gave a suspension notice in the Rajya Sabha to discuss the decision to reduce the EPFO interest rate from 8.5 per cent to 8.1 per cent, the lowest in the last 43 years, under Rule 267.
The Employees’ Provident Fund Organization (EPFO) on Saturday decided to reduce the interest on provident fund deposits for 2021-22 and give interest at the rate of 8.1 percent . This reduction in interest rate is the lowest since 1977-78 when the EPF interest rate was recorded at 8 per cent. AAP member Sanjay Singh has also given zero hour notice for not changing the original building of Mahatma Gandhi at Sabarmati Ashram in Ahmedabad.
Second part of budget session begins
The second part of the budget session resumed this morning after a 30-day break and will end on April 8. During this, the House is likely to get more than 64 hours to do legislative business besides raising issues of public importance during this part of the session. External Affairs Minister S. Jaishankar is likely to make a statement on Tuesday on the evacuation of Indian nationals from war-torn Ukraine as part of ‘Operation Ganga’.
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