Business Standard

Monday, December 23, 2024 | 08:01 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

EPFO Settles About 13 Lakh Claims During Lockdown

Image

Capital Market
Employees' Provident Fund Organization (EPFO), under Union Ministry of Labour & Employment, has settled a total of 12.91 lakhs claims, including 7.40 lakhs COVID-19 claims under Pradhan Mantri Garib Kalyan Yojana (PMGKY) package. This involves disbursal of a total amount of Rs. 4684.52 crores which includes Rs. 2367.65 crores COVID claims under PMGKY package. It is heartening to note that the exempted PF trusts have also risen to the occasion amidst the COVID-19 pandemic. As on 27.04.2020, Rs. 875.52 crores have been disbursed to 79,743 PF Members as advance for COVID-19 by the exempted PF Trusts under this Scheme, with 222 private sector establishments disbursing Rs.338.23 crores to 54641 beneficiaries, 76 public sector establishments disbursing Rs.524.75 crores to 24178 beneficiaries and 23 cooperative sector establishments disbursing Rs.12.54 crores to 924 claimants.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Apr 28 2020 | 4:19 PM IST

Explore News