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

Can free‑living Indian street dogs teach us about how to care for pet dogs?

By Daniel Ramp, Kapil Vishwas Patwardhan, Rosalie Chapple We give our pet dogs shelter, veterinary care, affection, training and play. We decide when they eat, where they sleep, when they go outside, who they meet, and how they move through the world.

Grain vs. gasoline: How the global biofuel boom threatens India’s food and water security

By Rajiv Shah A new report published by the international research and advocacy organization GRAIN has warned that the global resurgence of biofuels is triggering a dangerous dynamic of “more fuel, less food, more land grabs.” Driven by intersecting energy security concerns, geopolitical tensions, and aggressive decarbonization mandates, the expanding agrofuel industry is increasingly pitting corporate energy interests against global food security and indigenous land rights.

Sikkim governor row: ALIFA asks centre to explain hurried appointment in Ankita Bhandari case

By A Representative The All-India Feminist Alliance (ALIFA) on Saturday expressed “immense pain and outrage” that even after four years and a national uproar, justice has not been fully delivered in the Ankita Bhandari murder case and that a ruling party politician facing allegations has been “gifted a high-ranking constitutional office.” In a statement, ALIFA extended “unflinching solidarity” to Ankita’s parents, who it said are “fighting for justice on the streets of Delhi,” and demanded that pending the CBI inquiry and judicial decision, the appointment of BJP leader Dushyant Kumar Gautam as Sikkim’s Governor be subject to “immediate presidential review.”

Counterview

Search This Blog