EPF withdrawal of Rs 280 crore in 19days

With the lockdown now underway across the country, the Employees Provident Fund Organization (EPFO) has made arrangements for about 1.37 lakh EPF withdrawals. A total of Rs 280 crore has been raised through it.

The Union Ministry of Labor said in a statement that it had “made some changes” to the EPF accountants during the Karona epidemic and lockdown. This has resulted in the setting up of 137,000 claims worth a total of Rs 280 crore during the current lockdown.