EPFO Current Affairs, GK & News
Atma Nirbhar Bharat Rozgar Yojana launched to boost employment
On November 12, 2020, Finance Minister Smt Nirmala Sitharaman announced the fourth economic stimulus package. During the announcement, the Finance Minister introduced the “Atma Nirbhar Bharat Rozgar Yojana”. Atma Nirbhar Bharat Rozgar Yojana The beneficiaries of the scheme include employees in EPFO registered establishments who were on monthly wages less than Rs 15,000. Beneficiaries Atma ..
Month: Current Affairs - November, 2020
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Aatmanirbhar Bharat • Atma Nirbhar Bharat Abhiyan • Atma Nirbharat Bharat Rozgar Yojana • employment generation • Employment provident fund • EPFO • production linked incentive scheme
EPFO Scheme: Rs 764 crore released to the pensioners
On May 5, 2020, the Employees Provident Fund Organization has released Rs 764 crores to the pensioners. Highlights Around 135 field offices of the scheme processed the payment. This has been done in advance to avoid inconvenience of the pensioners during lock down. The bank branches all over the country have been directed to make ..
Month: Current Affairs - May, 2020
Category: Government Schemes Current Affairs
Topics: Employee Provident Fund (EPF) • Employees Provident Fund • Employees’ Provident Fund Organisation (EPFO) • EPFO • Ministry of Labour and Employment • Social Security
EPFO lowers interest rate on deposit to 8.50% for FY2019-20
Employees Provident Fund Organisation (EPFO) on Thursday lowered the interest rate on deposits to 8.50 per cent for the current financial year 2019-20. The interest rate, which is the lowest rate fixed in seven years, was reduced from the previous rate of 8.65 per cent in 2018-19. The Central Board of Trustees, which is the ..
Topics: Deposits • EPFO • Interest rate
Portal Santusht launched: To implement policies of Labour Ministry at grass root level
The Portal Santusht is an Implementation Monitoring Cell that was launched by the Ministry of Lobour and Employment in January 2020. The portal addresses delivery of public services, their transparency, accountability, schemes and policies at grass root level. Highlights The portal aims to address the speedy redressal of grievances of workers ans employers. It monitors ..
Month: Current Affairs - February, 2020
Category: India Nation & States Current Affairs
Topics: E-governance • Employment • EPFO • ESIC • Grievance redressal • labour laws • Ministry of Labour and Employment • Portal
Employees can now generate Universal Provident Fund account number online
Employees’ Provident Fund Organization (EPFO), the retirement fund body has launched a facility for formal sector workers to themselves obtain the Universal Provident Fund Account Number on-line. Now the workers in formal sector can themselves generate Universal Account Number from the EPFO’s portal directly. Till now the workers used to apply through their employers to ..
Month: Current Affairs - November, 2019
Category: Government Schemes Current Affairs
Topics: DigiLocker • Employee Provident Fund • Employees' Provident Fund Organization • EPFO • Universal Account Number