EPFO proposes cuts in provident fund of workers: One more attack on the workers planned

Employee Provident Fund Organization (EPFO) is considering a proposal to reduce provident fund contribution from 12 percent to 10 percent by both workers and employers. EPFO is claiming that the proposal is beneficial to workers as it will increase their take-home pay. It is hiding the real reason for the proposal which is to help the capitalists by reducing their contribution to workers’ provident fund.

The Labour Ministry actually asked the Employee Provident Fund Organization (EPFO) to consider the request of capitalists to reduce employer’s contribution to provident fund. EPFO felt that reducing only employer’s contribution would have appeared very blatantly pro-capitalist, so they came up with the proposal to reduce the contribution by both, workers as well as employers and justify it on the basis of increasing the take home pay.

For workers provident fund is a major, and for many the only, source of security on retirement. The proposal would mean the fund available to a worker on retirement would be lower by around 16%.

The proposal has been rightly opposed by all India trade unions like AITUC and INTUC and even by the BJP-affiliated BMS. Working class cannot be taken up by the false justification of improving their take–home pay and must expose the real reason of helping the capitalists. The anti-worker proposal has to be resolutely opposed and the pro-capitalist face of the government exposed.

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Employees Provident Fund    EPF    Jun 16-30 2017    Struggle for Rights    Economy     Privatisation    Rights     2017   

PARTY DOCUMENTS

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This document, What Kind of Party?, was presented by
Comrade Lal Singh on behalf of the Central Committee
of the Communist Ghadar Party of India to the Second
National Consultative Conference held December 29-30, 1993.

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Click to Download PDFThe first part of this pamphlet is an analysis of facts and phenomena to identify and expose the real aims behind the Note Ban. The second part is devoted to a critical appraisal of the government’s claims that it will reduce inequality, corruption and terrorism. The third part is what Communist Ghadar Party believes is the real solution to these problems and the immediate program of action towards that solution.

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These Elections are a FarceInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

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Manifesto 2014Unite around the program to reconstitute the Indian Republic and reorient the economy to ensure prosperity and protection for all!

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Click to Download PDFInterview with Comrade Lal Singh, General Secretary of Communist Ghadar Party of India

by Comrade Chandra Bhan, Editor of Mazdoor Ekta Lehar

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History of Ghadar PartyA Presentation of Communist Ghadar Party of India

100 years ago Ghadar Party was formed by Indians in the US.It was historic milestone in our anti-colonial struggle.

The goal of this party was to organise a revolution to liberate our motherland from British servitude and establish a free and independent India with equal rights for all. It believed this to be the necessary condition for our people to hold their heads high anywhere in the world.

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