Rahul Gandhi slams Centre over EPF rate cut

Congress MP & member of the Lok Sabha Rahul Gandhi criticized the central government regarding the cut made in interest rate of Employees’ Provident Fund (EPF).

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New Delhi, June 4: Congress MP Rahul Gandhi on Saturday took a dig at the Narendra Modi-led government at the Centre over cut in interest rate of Employees’ Provident Fund (EPF).

He ridiculed the Modi model as ‘increase inflation, income reduce model’ of the ruling dispensation.

“Just by calling ones residential address as ‘Lok Kalyan Marg’ it need not bring welfare to people. The Prime Minister implemented the ‘increase inflation, income reduce model’ to destroy the present and future of 6.5 crore employees,’ he tweeted.

The former Congress president along with his tweet also shared a graphic. Showing the cut in EPF interest rate since 2015.

The statement of the Wayanad MP comes a day after. The Centre fixed EPF interest rate at 8.1 per cent for financial year 2022.

(Except for the headline. This story has not been edited by Business Upturn staff and is published from a syndicated feed.)

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