Profit

CPM targets Reliance's role in PF management

PUBLISHED ON: July 30, 2008 | Duration: 2 min, 15 sec

  
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The CPM Politburo has come down heavily on the government for allowing private players to manage Rs 2,40,000 crore of public money with the Employees Provident Fund Organisation (EPFO). The Politburo also targetted Reliance Capital's inclusion as one of the fund managers. The reported late selection of Reliance Capital as one of the fund managers is an indication of the cost of support to this tainted government, the Politburo said in a statement.
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