Indian minister highlights EPFO's growth and social security role, noting member and contribution increases.

Indian Union Minister for Labour and Employment, Dr Mansukh Mandaviya, highlighted the Employees' Provident Fund Organisation's (EPFO) crucial role in providing social security. The EPFO saw a 7.6% rise in members to 7.37 crore and a 6.6% increase in contributing establishments. Arrear dues surged by 55.4% to Rs 5,268 crore, and claims settled increased by 7.8%. Mandaviya emphasized the need for a robust IT platform and grievance management system.

November 16, 2024
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