The interest rate on the Coal Mines Provident Fund (CMPF) for coal workers has dropped steadily over the past 24 years, from 12% in 2000 to just 7.60% now. Despite protests from unions, the decision is made by the Board of Trustees, and government policies have contributed to the decline, impacting workers’ retirement savings.
Coal Workers Provident Fund Interest Hit 24-Year Low
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About Business Jharkhand
Business Jharkhand News, an initiative of M/s Star PR is the first dedicated news website in Jharkhand state that focuses on business-related news. This platform highlights key developments in sectors such as coal, mining, production, metals, and infrastructure. Along with business news, we also keep a close watch on political, criminal, and bureaucratic updates that have a direct or indirect impact on Jharkhand’s business environment. Stay informed with accurate and insightful news coverage on our website.
Quick Links
Contact Us
- M/s Star PR Kadru-Hindpiri Road, Ranchi Jharkhand - 834001
- For editorial purpose: editor@businessjharkhand.com
- For Advertisement: marketing@businessjharkhand.com