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
Click here to connect with us on WhatsApp
Disclaimer: No Business Standard Journalist was involved in creation of this content
