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EPFO On Direct Benefit Transfers

 Employees’ Provident Fund Organisation (EPFO, under Ministry of Labour & Employment) emphasised direct benefit transfers under Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), with incentives auto-credited to Aadhaar-seeded bank accounts of employees and PAN-linked accounts of em

By Whispers in the Corridors 1 min read

 Employees’ Provident Fund Organisation (EPFO, under Ministry of Labour & Employment) emphasised direct benefit transfers under Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY), with incentives auto-credited to Aadhaar-seeded bank accounts of employees and PAN-linked accounts of employers (including PSUs/PSBs). This supports new job creations in public sector hiring.

 

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