(a) the extent of money saved in Nationalised Banks of India
as the P.F. of Labour in the year 1998 to 2000 indicating the
names of banks; and
(b) the amount of interest accured on fix deposit in the
current year?
(a) the extent of money saved in Nationalised Banks of India
as the P.F. of Labour in the year 1998 to 2000 indicating the
names of banks; and
(b) the amount of interest accured on fix deposit in the
current year?
MINISTER OF STATE FOR LABOUR AND EMPLOYMENT ( SHRI MINI LALL )
(a) As per the provisions of the three schemes framed under EPF &
MP Act, 1952 the Statutory contributions are deposited in the
State Bank of India. Total cash balance in Saving Banks Accounts
of the State Bank of India under the above Schemes was as under
for the year 1998 to 2000 :
As on 31st March Balance (in Rs.)(b) No investment is made in fixed deposits.
1998 389,96,58,023.98 1999 371,18,83,280.97 2000 461,53,53,398.68