UP power employees take out protest rally against alleged PF scam

Image
Press Trust of India Lucknow
Last Updated : Nov 14 2019 | 6:25 PM IST

Several Uttar Pradesh power employees and their family members took to streets on Thursday to protest the alleged provident fund scam in the state, with an organisation representing them calling for a two-day strike.

Over Rs 2,600 crore of the state power employees' provident fund (PF) was reportedly invested in the scam-hit Dewan Housing Finance Corporation Limited (DHFL), prompting the state government to order a CBI probe.

"Employees demand that the UP government guarantee payment of provident fund and arrest a former CMD of the UPPCL (Uttar Pradesh Power Corporation Limited)," the Vidhyut Karamchari Syankut Sangharsh Samiti (VKSSS) said, adding that it will boycott work on November 18 and 19.

The state government has already recommended a CBI probe into the matter and the police's economic offence wing is probing the matter.

The investment in DHFL was made between March 2017 and December 2018, it claimed.

The employees and their family members participated in a protest rally from Hydel field hostel to Shakti Bhawan in the state capital and it was organised by the VKSSS.

VKSSS coordinator Shailendra Dubey said provident fund of employees should be retrieved by the government and officials responsible should be brought to book.

Uttar Pradesh Energy Minister Shrikant Sharma said the government is working on alternatives means to ensure payment to UPPCL employees.

"The state government is acting strictly against those officials who were involved in illegally transferring PF money to DHFL under the previous Samajwadi Party (SP) regime in 2014," he said.

SP president and former chief minister Akhilesh Yadav has denied the charges.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 14 2019 | 6:25 PM IST

Next Story