Our present government seems to be thinking like a confused teenager these days. If you have been carefully keeping track of things, you will notice the seemingly obvious trend: First, the BJP government makes poorly thought out, badly crafted policies and decisions. Then, when people react with outrage, they hurriedly take a U-turn. Ever since Modi came to power, the government has adopted this flip-flop tendency often blaming the previous government for its shabby policies and when in trouble sticks back to the original schemes.

EPF Rollback:

Amid the intolerance debate, Ratan Tata had once said ‘the government should have no role in telling people what to do’ and his advice applies in this context as well. The government has no business meddling in an individual's private affairs and telling them what they should do with their hard-earned money.

As per the new notification that came into effect from 10 February this year, an employee could not withdraw the contributions of her employer till 58 years of age. On Tuesday, once again, the government after facing heat, revoked the order tightening rules for withdrawal of provident fund money.

EPF Tax proposal:

Yet again an EPF row! Finance minister Arun Jaitley in his 29 February budget had proposed that after April 1, 2016, 60 per cent of the amount deposited in the EPF account of the employee will be taxable at the time of withdrawal, and 40 per cent will be tax free. Earlier, the entire amount was tax free at the time of withdrawal if the employee has completed five years of continuous service.

Owing to a middle class backlash and viral online campaigns, the ministry of finance rolled back its tax proposal on EPF on March 8.