 "EPFO, PF, Provident fund, savings")
For Karan Arora, the recent announcement that subscribers could withdraw part of their employee provident fund (EPF) to help tide over the Covid-19 crisis had sparked hope.
The Jaipur-based technical recruiter had been laid off 10 days earlier as his employer, a US staffing agency, struggled with business. He had made an application on March 24 and expected to receive the money swiftly in light of the new reforms.
However, the Employees’ Provident Fund Organisation (EPFO) asked him to wait, saying the nationwide lockdown had affected its own operations, including claim settlements.
The Jaipur-based technical recruiter had been laid off 10 days earlier as his employer, a US staffing agency, struggled with business. He had made an application on March 24 and expected to receive the money swiftly in light of the new reforms.
However, the Employees’ Provident Fund Organisation (EPFO) asked him to wait, saying the nationwide lockdown had affected its own operations, including claim settlements.
The Union labour ministry on March
