{"id":215141,"date":"2025-10-15T15:59:09","date_gmt":"2025-10-15T15:59:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/215141\/"},"modified":"2025-10-15T15:59:09","modified_gmt":"2025-10-15T15:59:09","slug":"opposition-slams-epfo-changes-says-people-being-punished-for-governments-mishandling-of-economy-india-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/215141\/","title":{"rendered":"Opposition slams EPFO changes, says people being punished for government&#8217;s \u2018mishandling of economy\u2019 | India News"},"content":{"rendered":"<p> <img src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/10\/pic-6.jpg\" alt=\"Opposition slams EPFO changes, says people being punished for government's \u2018mishandling of economy\u2019\" title=\"Congress MP Manickam Tagore\" decoding=\"async\" fetchpriority=\"high\"\/>Congress MP Manickam Tagore NEW DELHI: Opposition Wednesday slammed the changes in the rules for withdrawal of money from <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/epfo\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" rel=\"nofollow noopener\" target=\"_blank\">EPFO<\/a>, calling them \u201ccruelty\u201d as \u201cthe pensioners and job losers will now be punished for needing their own savings\u201d. <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/congress\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" rel=\"nofollow noopener\" target=\"_blank\">Congress<\/a> MP Manickam Tagore and <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/tmc\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" rel=\"nofollow noopener\" target=\"_blank\">TMC<\/a> MP Saket Gokhale demanded that government scrap the changes without delay.Tagore and Gokhale focused on the changes that state that Provident Fund money can be withdrawn only after 12 months of unemployment, and pension can be withdrawn only after 36 months. The period for withdrawal for both the categories was two months till now.Tagore said, \u201cBesides the withdrawal norms, 25% of your own EPF will be locked forever. Who benefits from this, PM Modi? Certainly not the workers. Imagine a worker who loses his job or a retiree waiting for years to access his hard-earned savings \u2014 while government writes off lakhs of crores for its crony friends. This is not reform, this is robbery.\u201d He urged PM Narendra Modi \u201cto not let bureaucratic cruelty destroy the dignity of India\u2019s working class.\u201dGokhale said, \u201cIt is clear that the Modi govt is expecting a drastic rise in unemployment due to its terrible economic policies. These new rules locking people\u2019s EPF are the signs of a panicked govt trying to prevent a run on the EPFO. Salaried people are being punished for government&#8217;s mishandling of the economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Congress MP Manickam Tagore NEW DELHI: Opposition Wednesday slammed the changes in the rules for withdrawal of money&hellip;\n","protected":false},"author":2,"featured_media":215142,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[879,45,49,48,2097,49393,104188,133,8799,1799,7233,8797,26930,104189,131,132,34723,104190,8798],"class_list":["post-215141","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-breaking-news","tag-business","tag-ca","tag-canada","tag-congress","tag-epfo","tag-epfo-changes","tag-finance","tag-google-news","tag-india","tag-india-news","tag-india-news-today","tag-narendra-modi","tag-pension-withdrawal","tag-personal-finance","tag-personalfinance","tag-pm-modi","tag-tmc","tag-today-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/215141","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=215141"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/215141\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/215142"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=215141"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=215141"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=215141"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}