Prime Minister Narendra Modi will launch a host of welfare schemes for the workers including portable PF account and a unified web portal for inspection of firms related to labour laws compliance on October 16.
"Prime Minister will preside over a function on October 16 to launch various facilities for workers including Universal Account Number (UAN) for EPFO subscribers and a web portal for centralised inspection of firms," a senior Labour Ministry official said.
Apart from these, the Labour ministry, in a bid to promote Industrial Training Institutes (ITIs), would felicitate some individuals who have passed out from these institutions and are holding some top positions in various companies.
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Presently, engineering aspirants keep ITIs as their last choice after IITs, NITs, and various private engineering colleges.
The official said UAN will give the facility of collation of accounts, viewing of updated accounts as well as downloading the same and collation of pensionable service.
The UAN would be portable throughout the working career of members and can be used anywhere in India. Thus, workers in organised sector would not need to apply for transfer of PF account claim on changing jobs.
The EPFO is in the process of making UAN operational for its 4.17 crore contributing subscribers by October 15.