NEW DELHI, JUNE 8: In what seems to be a populist move to allure voters, the government may not reduce interest rate for Employees Provident Fund Organisation (EPFO) subscribers to 8.25 per cent in 2008-2009. Sources said that the government would retain interest rate at the current 8.5 per cent.
The Central Board of Trustees (CBT), headed by Labour Minister Oscar Farnandes, is likely to make an announcement in this regard after a meeting on June 17.
