The ruling party, Congress, has in its apex committee  decided to aggressively to press for reforms in the name of improving the economy. But what actually happening is the surrender of the government to the demands of the corporates, MNCs and the super rich. Approval of the PFRDA in the parliament is one of the main agenda.

What is Pension Fund Regulatory and Development Authority (PFRDA) Bill? It is for utilising the hard-earned money of the workers in the Provident Fund to be diverted to the business houses for infusion of capital and do their business. The Pension Fund coming to lakhs of crores of rupees will be placed at the disposal of selected Fund Managers who will put in the stock market or for business. If something untoward happens, the entire pension find is gone. This actually has happened in the West and US.

Are we going to allow this. It is a big NO! The workers will continue their strong protests and struggles against this attack on the workers.