AITUC opposes Govt of India move to reduce interest rate on Provident Fund

By A Representative
The All-India Trade Union Congress (AITUC) has opposed reported move to once again reduce the interest rate on Provident Fund. AITUC general secretary Amarjeet Kaur has said in a statement, “The employees/workers are already hard pressed in a situation where they did not get wages in lock down due to Covid-19, and many have faced retrenchments.”
Pointing out that there may be more wage cuts during unlock phase, Kaur said, the government took unilateral decision to reduce the employers’ share without consent from CBT during Covid-19. The earlier announced reduced interest rate from 8.65% to 8.5%. It is yet to be approved. Yet, there is fresh plan for such reduction without CBT nod, which would amount to total disregard to the statutory functioning of the body.
“AITUC is opposed to any attempt to reduce the interest rate on PF”, she added.

Comments

Neville Cardus: The man who turned cricket writing into poetry

By Harsh Thakor* Neville Cardus was one of the most remarkable literary figures of the twentieth century. A prolific English writer and critic, he achieved distinction in two vastly different fields: cricket and classical music. Entirely self-taught, Cardus rose from humble beginnings to become both the cricket correspondent and chief music critic of The Manchester Guardian . His achievements in these contrasting disciplines earned him widespread acclaim and established him as one of the foremost critics of his generation. In February 2025, the cricketing and literary world marked the fiftieth anniversary of his death, which occurred in February 1975.

Ideological shifts and structural realities within India's left-wing insurgency

By Harsh Thakor* The Maoist insurgency in India is arguably at its weakest point since the formation of the Communist Party of India (Maoist) in 2004. Years of sustained counterinsurgency operations, leadership losses, shrinking territorial influence, declining recruitment, and growing technological advantages enjoyed by the state have significantly eroded the movement's operational capabilities.

The Dalit body on screen: Stereotypes, sacrifice, and subjugation in Hindi films

By Dr. Prem Singh* Despite centuries of reformist efforts, from Gandhi and Ambedkar to contemporary activists, the caste system remains deeply embedded in the Indian psyche. One of the primary reasons for this persistence is the religious sanction provided by Brahminical scriptures, which have shaped not only social structures but also cultural and artistic expressions.

Counterview

Search This Blog