Finance
TonyEPFO's Epic Quest: Freeing Your Stuck Cash Like a Boss
Ladies and gentlemen, gather 'round! Our Union Labour Minister, the one and only Mansukh Mandaviya, just unleashed a game-changer: a Know Your Customer drive to liberate the cash trapped in 2.15 million dormant EPFO accounts. With a sleek digital platform launching in Gujarat, it's time to rescue that Rs 8,505 crore and make EPF great again. Who says money can’t dance? Let's get it moving!
few days ago | Auhona Mukherjee
Quick rundown
1.EPFO to launch KYC drive to unlock funds.
2.New digital platform to simplify EPFO claims.
3.Rs 8,505 crore stuck in inoperative accounts.
4.EPF Suvidha Providers to assist first-time users.
5.India aims for 1 billion social security coverage by 2026.
