EPFO settles 52 lakh Covid-19 claims, disburses Rs 13,300 crore: Santosh Gangwar
NEW DELHI: Retirement fund body EPFO has settled 52 lakh COVID-19 non-refundable advance claims, and disbursed Rs 13,300 crore so far, Labour Minister Santosh Gangwar said on Wednesday. In March, the government had allowed over 6 crore subscribes of EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance from […]
Cabinet approves Atmanirbhar Bharat Rojgar Yojana
NEW DELHI:The Union Cabinet, chaired by the Prime Minister,Narendra Modi has given its approval for Atmanirbhar Bharat RojgarYojana (ABRY) to boost employment in formal sector and incentivize creation of new employment opportunities during the Covid recovery phase under Atmanirbhar Bharat Package 3.0. Cabinet has approved an expenditure of Rs. 1,584 crore for the current financial […]
EPFO adds 10.06 lakh net subscribers in August 2020
NEW DELHI:The provisional payroll data published by Employees’ Provident Fund Organisation (EPFO) on 20th October 2020 reveals that the subscriber base of EPFO increased by around 20 lakh during the first five months of FY21. Covid-19 pandemic and subsequent lockdown across the country had adversely affected the enrolments during the first quarter of the current […]
EPFO launches WhatsApp helpline service
NEW DELHI:Retirement fund body EPFO has launched a WhatsApp helpline service for speedy redressal of grievances of its subscribes, the labour ministry said on Tuesday. This facility is in addition to various other means of grievance redressal forums of EPFO which include EPFiGMS portal, CPGRAMS, social media platforms (Facebook & Twitter) and a dedicated 24×7 […]
EPFO settles 94.41 lakh claims during pandemic since 1st Arpil
NEW DELHI: Despite the COVID-19 pandemic restrictions, Employees’ Provident Fund Organization (EPFO) has been able to settle a staggering 94.41 lakh claims thereby disbursing about Rs 35,445 crore to its members during the period of April-August, 2020. During this period, EPFO has settled around 32% more claims as compared to corresponding period of last year […]
EPFO records 3.18 lakh new enrolments in May
NEW DELHI: Net new enrolments with retirement fund body EPFO rose to 3.18 lakh in May from 1 lakh during April 2020, according to its latest payroll data, providing a perspective on employment in the formal sector amid the COVID-19 crisis. Provisional payroll data released by the EPFO last month had showed that net new […]
New jobs jump 48% to touch 15-month high of 7.32 lakh in November: EPFO data
NEW DELHI: Employment generation in the formal sector increased by 48 per cent to touch a 15-month high of 7.32 lakh in November 2018 as compared to 4.93 lakh in the year ago month, according to the latest Employees’ Provident Fund Organisation (EPFO) payroll data. Around 73.50 lakh new subscribers were added to social security […]
House panel to examine functioning of EPFO
NEW DELHI: A parliamentary panel will examine the functioning of the Employees Provident Fund Organisation (EPFO), its coverage and recovery of arrears. The Parliamentary Standing Committee on Labour has also decided to review the implementation of labour laws, social security and welfare scheme for workers. The panel will be headed by BJP MP Kirit Somaiya. […]