₹8,000 CR IN EPF SAV­INGS WITH­DRAWN

Hindustan Times (Jalandhar) - - HTBUSINESS -

NEW DELHI: At least 2.3 mil­lion peo­ple have with­drawn ₹8,000 crore from their em­ploy­ees’ prov­i­dent fund (EPF) sav­ings, as in­come- and wage-loss widened due to the covid-19-led lock­down. Com­pared to the pre-covid pe­riod, the num­ber is al­most 10 times more. Speak­ing at a we­bi­nar or­gan­ised by in­dus­try body PHD Cham­ber of Com­merce and In­dus­try, the cen­tral prov­i­dent fund com­mis­sioner Sunil Barth­wal on Fri­day said EPFO stands with its sub­scribers and es­tab­lish­ments, and the re­tire­ment fund body was mak­ing all ef­forts to pro­vide re­lief and liq­uid­ity to stake­hold­ers.

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