Home > Business > Budget 2004-05 > Report

EPFO board meeting begins

June 30, 2004 10:55 IST
Last Updated: June 30, 2004 11:31 IST


The crucial meeting of Employees Provident Fund Organisation board began in New Delhi on Wednesday to decide whether to continue with the 9.5 per cent interest rate for its 3 crore (30 million) subscribers.

"We will form an opinion (at the meeting). The labour ministry will forward the opinion of the Central Board of Trustees on EPF rates to the finance ministry which will issue a notification on the interest rate," Labour Minister Sis Ram Ola said, presiding over the meeting.

Ola said a core committee, headed by the labour secretary, would be set up to implement the United Progressive Alliance government's Common Minimum Programme on labour issues.

On the National Social Security card, he said 810,000 cards have already been issued.

Powered by


Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article



Related Stories


EPF rate may remain at 9.5%

EPF rate: Ola to meet FM

Left seeks rejig in EPFO board









© Copyright 2004 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.


Budget 2004-05: The Complete Coverage










Copyright © 2004 rediff.com India Limited. All Rights Reserved.