March 14, 2022
1 min read

CPI MP gives notice on EPFO interest rate in RS

AAP Member Sanjay Singh has also given Zero Hour notice regarding not to change the original building of Mahatma Gandhi in Ahmedabad’s Sabarmati ashram…reports Asian Lite News

CPI lawmaker Binoy Viswam on Monday gave a suspension of business notice under Rule 267 in the Rajya Sabha to discuss the decision of slashing EPFO interest rate to 8.1 per cent from 8.5 per cent, the lowest in the last 43 years.

On Saturday, the Employees’ Provident Fund Organisation (EPFO) decided to lower the interest on provident fund deposits for 2021-22 and provide an 8.1 per cent rate of interest. This slashing of rate of interest 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 regarding not to change the original building of Mahatma Gandhi in Ahmedabad’s Sabarmati ashram.

The second part of the Budget session resumed after a 30-day recess this morning and will conclude on April 8.

During this period, the House is likely to get over 64 hours to transact the legislative business besides taking up the issues of public importance during this part of the session.

ALSO READ-Anant Badjatya appointed as new CEO of SUN Mobility

Previous Story

India eyes alternative market for fuel

Next Story

Kerala govt vows support for Ukraine returned students

Latest from India News

Zero Tariffs? Trump Claims Big Win Over India

Trump Claims India to Eliminate Tariffs on U.S. Imports..reports Asian Lite News U.S. President Donald Trump announced on Tuesday that India has either already removed or is in the process of removing

UNSC Grills Pakistan Over Pahalgam Attack

Though Pakistan claimed that the meeting largely served and achieved the objectives of the UNSC’s meeting, reports showed that it flopped miserably…reports Asian Lite News The United Nations Security Council (UNSC) reportedly

Azeez Bags Top Kerala Media Award

Anasudhin Azeez serves as the executive editor and managing director of London Daily, a newspaper headquartered in Fleet Street, London. British-Indian journalist Anasudhin Azeez has been chosen as first recipient of the

India Eyes Top 5 Spot in Global Entertainment

With focused investments, policy support, and infrastructural upgrades, India is on track to position itself as one of the top five live entertainment destinations globally by 2030…reports Asian Lite News Fueled by
Go toTop

Don't Miss

DMK, CPI Seat-Sharing to be Finalised Early Next Week

The CPI Lok Sabha party leader and Member of Parliament

CPI to field Annie Raja from Wayanad

CPI General Secretary D Raja is also one of the