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He said that for this purpose the cost will include elements such as labour, rent for machinery, cost of seeds and fertilizers, revenue being given to State Government, interest on working capital, and rent of leased land.
The disinvestment proceeds will be utilized to set off the working capital loan liability of Air India not backed by any asset also warehoused in the same SPV.
Shri Goyal said that this pension yojana shall provide them an assured monthly pension of Rs. 3,000 from the age of 60 years on a monthly contribution of a small affordable amount during their working age.
Due to the proactive approach of the maritime administration all Indian ships have been kept in working condition with valid certificates, are adequately manned and are engaged in carriage of goods.
EPFO reiterates its commitment to serve its members during this difficult situation, and EPFO offices are functional to help them overcome this crisis.
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