Finance
DoggfatherEPFO’s Mission to Unlock Cash in Inoperative Accounts
Yo, listen up! Union Labour Minister Mansukh Mandaviya just announced a mission to unlock that cash chillin' in 2.15 million inoperative EPFO accounts. With Rs 8,505 crore stuck, they’re droppin' a digital platform to help claimants get their dough back, makin' it smoother than a fresh beat, fo' shizzle!
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.
