India, Oct. 13 -- The Government of India has issued a release:

Union Minister for Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya chaired the 238th meeting of Central Board of Trustees (CBT), EPF in New Delhi today. The Vice-Chairman Sushri Shobha Karandlaje, Union Minister of State for Labour & Employment and Micro, Small & Medium Enterprises, Co-Vice-Chairperson Ms. Vandana Gurnani, Secretary, Labour & Employment and Member Secretary Mr. Ramesh Krishnamurthi, Central Provident Fund Commissioner were also present during the meeting.

CBT under the chairmanship of Dr. Mandaviya, took a number of path-breaking decisions during the CBT meeting. The major decisions taken by the Board in the meeting include:

Simplification and liberalization of EPF partial withdrawal provisions:

'Vishwas Scheme' launched to reduce litigation through rationalised penal damages:

EPFO-IPPB partnership for doorstep digital life certificate services:

EPFO digital transformation framework:

Selection of Four Portfolio Managers:

During the meeting, Chairman (CBT), Dr Mansukh Mandviya inaugurated a series of key digital initiatives of EPFO, aimed at enhancing efficiency, transparency and user experience in service delivery, as under:

Further, the Board was informed about the progress in social security expansion, digital transformation and service delivery made by EPFO, as under:

Disclaimer: Curated by HT Syndication.