The AIADMK coordinator, O. Panneerselvam, on Wednesday termed the recent reduction in the interest rate for Employees’ Provident Fund (EPF) as a “rude shock” for the workers.
In a statement, he said the members had been expecting reduction to be kept in abeyance and the government was duty bound to fulfill their expectation. Calling upon the Central government to reconsider the reduction in the interest rate, Mr. Panneerselvam urged the DMK government to exert pressure on the Centre in this regard.
