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

Election manifesto of a CGPI supported candidate for Lok Sabha

 

Parties of the capitalist class claim that there is no alternative to the program of globalisation,liberalisation and privatisation. The truth is that there IS an alternative.

The alternative is to reorient the economy to fulfil people’s needs instead of fulfilling capitalist greed. This is the program for the Navnirman of India.

Click on the thumbnail of the election manifesto of a CGPI supported candidate for Lok Sabha to download the PDF.

 

5th Congress DocumentThe Report to the Fifth Congress of the Communist Ghadar Party of India, presented by Comrade Lal Singh, General Secretary of the CGPI, on behalf of its Central Committee, was discussed and adopted by the Fifth Congress of the CGPI, held in November 2016. By decision of the Fifth Congress, this report has been edited for publication.

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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 2014There is growing realisation among workers, peasants and other self-employed people that the program of liberalisation and privatisation only serves to enrich an exploiting minority at their expense. Mass resistance is growing to this anti-worker, anti-peasant and anti-national program. However, the working class is being prevented from realizing its potential as the leader of all the exploited, and as the grave-digger of capitalism, by those in the communist movement who are spreading harmful illusions and compromising the class struggle.

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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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