Via PTI
KOLKATA: Attacking the central executive for its choice to slash the rate of interest on staff’ provident fund (EPF), the Trinamool Congress on Saturday alleged that Top Minister Narendra Modi helps to keep himself busy via including to the woes of other people.
The brand new rate of interest on EPF is the bottom in 40 years, the TMC tweeted with the hashtag #8YearsOfShame.
Modi is the high minister for 8 years.
The Centre had on Friday authorized an 8.1 according to cent interest rate on EPF deposits for 2021-22 an over four-decade low for roughly 5 crore subscribers of retirement fund frame the Staff’ Provident Fund Organisation (EPFO).
The TMC in a tweet stated: “Ever puzzled how Mr.Busy Top Minister Shri Shri @narendramodi ji helps to keep himself busy? Via including to the woes of other people, one after every other! The birthday party additionally shared a year-wise checklist of EPF rates of interest from 2014-15 when a BJP-led coalition got here to energy on the Centre.
In a separate tweet, senior TMC chief and West Bengal’s Minister of State for Finance, Chandrima Bhattacharya, claimed that the Modi executive is biting into the hard earned financial savings of other people.
“@narendramodi ji is looting other people and in addition biting into their hard-earned financial savings. From inept insurance policies to deficient governance, we’ve noticed all of it in those 8 years. That is extraordinarily merciless,” she stated within the Twitter put up.
Previous in March, the EPFO had determined to decrease the hobby on provident fund deposits for 2021-22 to eight.1 according to cent from 8.5 according to cent equipped in 2020-21.
The Centre authorized it on Friday.
The 8.1 according to cent EPF interest rate is the bottom since 1977-78 when it stood at 8 according to cent.
