Related Keywords: as initial capital for starting their units, cascading effect on the knitwear cluster, getting migrant workers, president of Tirupur Exporters Association, Sakthivel, Tirupur garment sector stakeholders, urge Union government to re examine the new EPF notification, use provident fund
Tirupur garment sector stakeholders urge the Union Government to re-examine the new notification in the Employees Provident Fund Scheme, 1952, that incorporated an amendment which fixed the age limit of 58 years for withdrawing employer’s contribution from the provident fund account.
Sakthivel, president of Tirupur Exporters’ Association, said that the notification would have a cascading effect on the knitwear cluster when it comes to getting migrant workers due to which the stakeholders of garment sector are upset.
