It also needs to be highlighted that the BJP or any other political party has no right to stake claim over workers' savings (provident and pension funds) as the money does not belong to it. This right of investment does not even rest with the government unless it is approved by the Central Board of Trustees of PF, which has equal representation of the workers. We fail to understand as to how the BJP can make such irresponsible promises on investment of other peoples’ money.

We are opposed to the investment of the workers funds in the share markets, which has no safety. It is for these reasons that unions have been accepting lower rate of interest on workers' funds. Trade unions also do not wish that the private sector should have access to these funds. All these matters need to be discussed in the Board of Trustees meeting before any government can change the investment pattern of the Provident and Pension Funds.