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Rs 27,000 cr,White Money,Lying Unclaimed in Books Of Employee Provident Fund

Rs 27,000 cr,White Money,Lying Unclaimed in the Books Of Employee Provident Fund
Union minister of state for Labour,Bandaru Dattatreya Today Declared That Rs 27,000 cr lying unclaimed in Employee Provident Fund [EPF]
A sum of RS 27,000 crore is lying as unclaimed amount in the EPF, which will be utilised for the welfare of workers.
My ministry is contemplating schemes (for its utilisation),” Dattatreya said at a function Today In Vijayawada
He said the total deposit in EPF at present stands at Rs 8.62 lakh crore.
“The NDA government is keen to amend the century-old British labour laws and implement reforms in labour sector for the welfare of workers,” he said, adding the government will provide skill development training to about two crore workers in the next two years under the ‘Skill Development Programme’.