ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Jute-Price of Obsolescence

for raising the rate of provident fund contribution to 8 per cent after an industrial unit Ins been in operation for a period of six years and for widening the definition of wages for calculation of the provident fund contribution. It was to be expected that the representatives of employers would object to these recommendations. But what is rather puzzling is their very strong opposition to the Committee's suggestion that the coverage of the Provident Fund Act, 1952, should be extended to establishments employing 10 or more workers whereas at present it is applicable only to establishments with 20 or more workers. Very few establishments employing less than 20 workers are likely to Le members of the associations which have made representations to the government. Why then have they been so vociferous against the extension of the PF Act?

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