The Employees Provident Fund Organisation(EPFO) today deferred a decision on interest rate on provident fund deposits for 2010-11. This follows pressure from trade unions that want rates to be raised to 9.5 – 10.5 per cent from 8.5 per cent.<br/><br/>An official spokesman said the Central Board of Trustees, the apex decision making body of the (EPFO), however, allowed the organisation to invest funds in corporate bonds of joint venture companies where government holding is at least 26 per cent.<br/><br/>The CBT meeting, which was chaired by Labour and<br/><br/>Employment Minister Mallikarjun Kharge, also cleared the<br/><br/>proposal for raising insurance benefit under Employees Deposit<br/>Linked Insurance scheme from 60,000 rupees to one lakh rupees.