It has also been stated by the present central government under the eye of the present situations of the core in their fight to the black money through the implementation of Demonetisation that there would be a certain validity point to the Employees as far the Employees Provident Fund or EPF is concerned, though.
The government has expressed the view that only those employees would get the provident the fund's interests who would approve their identity as the valid candidates of the same policy to implement. The government has stated the fact that the Employees all around the government sector would have to issue a valid certificate or identity proof that they certainly, deserve that particular interests on basis of their virtual mandatory textures of the code prescribed for the officials working for government in the present which would justify their values to certify their virtual account holding and their economic fixture on the basis of present mandatory code or prescribed letter by their official ranking staff.
The government has also mentioned the fact that the actual value of the monetary fund for the government employees is around 44,000 cores which applies the fact of registered 9,000 cores employees thereby it is a bold step to take under such circumstances, as there might be some challenges in providing interests thereby it can also be unwelcomed in some virtual official sectors across whole India.
The Experts have suggested this be a bit of unkind decision by the Central government for the EPF Account holders, so it seems that they are also taken to the wrath of the public sector economy which is all been taken by the government in its own control. The quest remains whether the government would apply to its motto of bamboozling public economy and making their own under stronger for 2019 elections or whether there is a certain code in who's favour the public sector employees would retain better positions- What we can consider now is that Decision is unkind and thus it would surely raise voices.
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