Home Business Rs.750 cr. disbursed to 3.25 lakh EPFO subscribers

Rs.750 cr. disbursed to 3.25 lakh EPFO subscribers

by BQ News Bureau
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Santosh Ganwar, Minister of State for Labour and Employment, has said that 100 per cent of Covid-19 applications/claims have been settled within 24 hours during the last 175  days. The EPFO disbursed about Rs 750 crore to about 3.25 lakh EPFO subscribers. It also settled 90% of other EPFO claims within 24 hours as against an EPFO Charter’s mandate of three days.

The EPFO has settled more than 44 lakh Covid advance claims up to October 15, disbursing over Rs 11,500 crore, which was highly challenging during the Covid -19 pandemic and the lockdown announced to curb the spread of the pandemic.

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