EPFO settles 52 lakh COVID-19 claims, disburses Rs 13,300 crore: Santosh Gangwar

[Informalisation and Labour Rights - Related News]

Retirement fund body EPFO has settled 52 lakh COVID-19 non-refundable advance claims, and disbursed Rs.13,300 crore so far, Labour Minister Santosh Gangwar said on Wednesday. In March, the government had allowed over 6 crore subscribes of EPFO to withdraw an amount not exceeding their three months basic pay and dearness allowance from their EPF account in view of the lockdown to fight the pandemic. Speaking at Assocham Foundation Week programme, Gangwar said EPFO has settled 52 lakh COVID-19 withdrawal claims and disbursed Rs 13,300 crore to subscribers during the pandemic.