Tripura News
Home > Tripura News
20 crores embezzlement in PF Pension, 14 lakhs employees in tension, petition filed
TIWN Feb 15, 2019
TIWN Feb 15, 2019
PHOTO : TIWN
AGARTALA / NEW DELHI, Feb 15 (TIWN): Huge numbers of provident fund holders and pensioners are undergoing tensions as their pensions’ and provident funds have been invested in such corporate sectors which are now undergoing huge debts.
As a result 14 lakhs employees may be deprive of the deserved money in retirement time. 15 to 20 crores of may be lost due to this step of the Govt.
Thus, petitions have been filed by various institutions.
The investment was done at IL&FC whose 40% bonds are by pensions and provident funds, led more tensions.
At least 10 Govt and Private institutions have filed petition directly. In this list MMTC, Indian Oil, SIDCO, HADCO, IDBI, SBI, Gujarat, Himachal Pradesh Electricity Board, Asian Paints etc.
Add your Comment
Comments (0)
More Tripura News
- 3 arrested from Ramnagar HC Staff Quarter with Drugs
- Massive traffic Jams in Agartala as Auto Drivers Blocked Drop Gate National Highway protesting against CNG Crisis
- Storm, Hailstorm dismantled home : Family forced to survive under Open-Sky with Children : Seek Govt assistance
- Human Trafficking : 2 more arrested by GRP Police
- ‘The Real Culprits will never be Arrested ; Only some people made Scapegoats’: Sudip Barman’s blasted on BJP Govt over Vicky murder case investigation