EPFO has already credited interest in more than 24 crore accounts

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EPFO has already credited interest in more than 24 crore accounts
EPFO is giving 8.15% interest this year and has already credited interest in more than 24 crore accounts.

Union Minister for Labour & Employment, Environment, Forest & Climate Change, Shri Bhupender Yadav inaugurated the 71 Foundation Day of EPFO held at Bharat Mandapam, New Delhi through virtual mode.

Bhupender Yadav further exhorted EPFO to become a hassle-free and technology-driven Organization.

He expressed satisfaction that EPFO is giving 8.15% interest this year and has already credited interest in more than 24 crore accounts.

Shri Rameshwar Teli, Union Minister of State for Labour & Employment, Petroleum & Natural Gas, Smt. Arti Ahuja, Secretary Labour & Employment and Smt. Neelam Shami Rao, Central P F Commissioner, Dr. Rajendra Kumar, Director General, ESIC were also present.

Employees’ Provident Fund Organisation has grown in the years gone by and the way it is managing its huge corpus of savings of the members.

The ‘Nidhi Aapke Nikat,’ an outreach program conducted by every EPFO office at the district level on the 27th of each month.

The Union Minister also stated that EPFO had extended the Act’s provisions to the working class of Jammu and Kashmir, effective from October 31, 2019.

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