gfiles magazine

May 9, 2015

Pension jolt

After being dubbed anti-farmer, Prime Minister Narendra Modi’s government faces the prospect of being branded anti-labour as serious discontent is brewing in central trade unions of the country over changes in labour laws, the proposal to invest part of Employee Provident Fund’s (EPF) incremental corpus of Rs. 6 lakh crore in conventional equity and delay in extension of the Rs. 1,000 minimum monthly pension scheme in the financial year 2015-16.

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