‘Government being subsidised with middle-class money,’ Owaisi slams Centre over new PF withdrawal rules

Asaduddin Owaisi took a swipe at the Centre over the revised Employees’ Provident Fund Organisation (EPFO) withdrawal rules, accusing the government of being “subsidised with middle-class money”. He questioned whether the funds belong to the EPFO or to the members themselves, and criticised the government for running a so-called “savings festival” amid rising unemployment. EPFO also responded to his post and explained the new rules.

‘Government’s savings festival amid unemployment’

It all started with Owaisi’s criticism of EPFO withdrawal rules. “The government’s ‘Savings Festival’ amidst unemployment,” he wrote on X (formerly Twitter) before explaining how the rules had changed. “Earlier, you could withdraw your entire PF within 1-2 months of unemployment. Now, due to the government’