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Saturday, April 11, 2015

Health Care discarded, Education subsidy halved,Diabetic and Cancer patients to be killed and now EPF Pension stopped!

Health Care discarded, Education subsidy halved,Diabetic and Cancer patients to be killed and now EPF Pension stopped!


Militarization of the Hindu Rashtra is the topmost agenda and Modi set the Seine river  ablaze in Paris with Rafale Deal.


Employees Provident Fund Organisation (EPFO) has put on hold payment of a minimum Rs.1,000/month from April 1, 2015. The decision, set to affect 32 lakh out of a total of about 50 lakh pensioners!


Palash Biswas


Health Care discarded,Education subsidy halved,Diabetic and Cancer patients to be killed and now EPF Pension stopped!And now,the Employees Provident Fund Organisation (EPFO) has put on hold payment of a minimum ₹1,000/month from April 1, 2015. The decision, set to affect 32 lakh out of a total of about 50 lakh pensioners!


Militarization of the Hindu Rashtra is the topmost agenda and Modi set the Seine ablaze with Rafale Deal.The logic, Political commitment, out-of-the-box approach were key as negotiations hit last mile; the deal offers a $2.3-billion scope for the private industry.


While the mega deal—initiated in 2007 with six competitors—had been chugging along since 2012 when Dassault's Rafale was declared the winner!Defence Minister Manohar Parrikar today said India's decision to buy 36 French-made Rafale fighter jets off the shelf would infuse "minimum oxygen" into the Air Force, battling with an ageing warplane fleet.


However,the Swadeshi Hindutva has to play a different tune full of amusement.Warning the government against signing a deal to purchase the Rafale aircraft, Dr Swamy said if at all the Modi government is really so keen, then it should buy Dassault, the company which makes Rafale warplanes.


Whereas Parliamentary Politics also exposes its skin as Congress General Secretary Digvijay Singh today dared BJP leader Subramanian Swamy to move court over theRafale deal a day after the latter threatened to take legal recourse claiming that there were shortcomings in the fighter aircraft.


Making in seems to be disastrous for the masses in India.Already universal health plan withheld,Education subsidy halved.Life saving medicines deregulated to kill the diabetic and cancer patients. Prime minister has set the Sein river in Paris on fire as he meets the CEOs of defence companies and finalized the Rafel purchase deal to seal strategic nuclear alliance with France ,opening the floodgates of french weapon companies which bid to sell submarines to Fighter Jets to emerging market India.


Militarization of the Hindu Rashtra is the topmost agenda and business friendly fascist RSS government does expend any amount for shopping weapon but has to cut every government expenditure in the social sector to wipe out public welfare and linking every basic necessity and mandatory service with biometric purchasing power excluding the majority and it is RSS branded social justice and Samrasta.


Hindu Business Line reports:

The Employees Provident Fund Organisation (EPFO) has put on hold payment of a minimum ₹ 1,000/month from April 1, 2015. The decision, set to affect 32 lakh out of a total of about 50 lakh pensioners, has been slammed by trade unions.

"While the matter is referred to the Government for a decision on the continuation of minimum pension provision beyond 2014-15, a direction is yet to be received. Under the circumstances, EPFO cannot go beyond the directions of the Government… and the pension from the month of April 2015 will be released at earlier rates i.e. without the minimum pension provision," says an EPFO circular, dated April 9.

A minimum pension rate of ₹ 1,000/month was announced by the UPA government but could not be implemented because of the general elections in 2014. In September last year, Prime Minister Narendra Modi announced at a rally in Bengaluru that the scheme would be effective from October 1, 2015.

"There are 32 lakh people who are former employees of the Government of India who used to get pensions from ₹ 50 to ₹ 200. An old person who gets such a low pension will never be able to lead a life of dignity, thus we took a decision that the minimum pension that can be given will be ₹ 1,000", he had said.

Six months later, the EPFO has directed all its zonal offices to put on hold the ₹ 1,000 minimum pension and ensure that "no over payments take place."

Trade unions, have, meanwhile, criticised the government for the "unwanted delay in the issuance of orders" affecting old workers and widows, some of whom get a measly ₹ 150-500/month as pension.

"Trade unions had at that time objected, pointing out that the limited order will be used against the workers by stopping it at the will of the government. But, Government had assured us that it will not be stopped," said A K Padmanbhan, president, Centre of Indian Trade unions (CITU).

He said the circular has given rise to serious concern on the intentions of the government, as it comes in the background of various "retrograde" changes proposed in EPF schemes.

Hind Mazdoor Sabha Secretary A D Nagpal said all central trade unions would take up the issue with the Prime Minister and write a letter to him demanding resumption of the scheme. "We will also launch a nation-wide protest against this decision," he added.

http://www.thehindubusinessline.com/economy/policy/efpo-puts-on-hold-1000month-minimum-pension-from-april-1-trade-unions-cry-foul/article7089647.ece

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