On November 15 2024, Union Minister Dr. Mansukh Mandaviya, Ministry of Labour & Employment (MoL&E), inaugurated an event to mark the 72nd Foundation Day of the Employees’ Provident Fund Organization (EPFO) at the Dr. Ambedkar International Centre, New Delhi, Delhi .
- The event was attended by key officials, including Ms. Sumita Dawra, Secretary, MoL&E; Ramesh Krishnamurthi, Central Provident Fund Commissioner (CPFC); and Ashok Kumar Singh, Director General (DG) of Employees’ State Insurance Corporation (ESIC), among others.
- During the event, the Bhavishya Nidhi Awards 2024 were also presented by Union Minister Dr. Mansukh Mandaviya to recognize exceptional contributions across various categories.
Participants:
The event was attended by over 700 guests, including EPFO employees, Ministry officials, representatives from banks and multilateral institutions. An additional 8,000 EPFO staff joined virtually from across India.
Key Points:
i.EPFO’s transformative role in managing savings and enhancing social security was highlighted during the event.
ii.Dr. Mansukh Mandaviya highlighted EPFO’s transformative journey as a cornerstone of social security in India. He emphasized the need to enhance service delivery, strengthen IT (Information Technology) system, grievance management, and a member-centric service model.
iii.The number of contributing establishments exceeded 7.8 lakh, with over 7.6 crore members.
iv.Technological reforms, including IT database centralization and an updated electronic challan, aim to enhance EPFO’s services.
Key Releases:
i.Ek Tukda Muskaan : A booklet sharing impactful stories from EPFO member.
ii.State Profile Booklet 2024: Offering insights into EPFO’s regional operations.
iii.Pension and Employees’ Deposit Linked Insurance(EDLI) Manual: A guide for pension and insurance schemes under EPFO.
iv.Adyatan: It is an annual Newsletter Compilation and Legal Bulletin, highlighting milestones and legal advancements.
Winners of Bhavishya Nidhi Awards 2024 :
| Award Category | Recipient |
|---|---|
| Sportsperson of the Year – Female | Radhika Gupta, Senior Social Security Assistant (SSSA), RO Kandivali East, Maharashtra |
| Sportsperson of the Year – Male | Clement Augustine, SSSA, RO Kottayam, Kerala P. Shiva Kumar, SSSA, RO Chennai North, Tamil Nadu (TN) |
| Outstanding Sports Achievements | Zonal Office (ZO) for Chennai & Puducherry |
| Best Regional Office/RO (Large) | Regional Office(RO) Raipur, Chattisgarh |
| Best Regional Office (Small) | RO Rohtak, Haryana |
| Best District Office/DO | District Office(DO) Palakkad, Kerala |
| Best Remote Office/RO | RO Port Blair, Andaman and Nicobar Islands |
| Best Zonal Office/ZO | ZO Telangana |
| Best Office in Grievance Management | RO Hyderabad (Barkatpura), Telangana |
| Best Office in Pro-Active Settlement | RO Ahmedabad, Gujarat |
| Best Performance in Jeevan Pramaan | RO Tirunelveli, TN |
| Best NAN 2.0 Campaign | RO Delhi (East), Delhi |
| Bhavishya Nidhi Swachhata Award 2024 | RO Rajamahendravaram, Andhra Pradesh (AP) |
| Best Innovation | RO Hubli, Karnataka |
| Best Tech Intervention | Satyabhama, JD(IS) |
| Best Achievement in Capacity Building | Gaurav Srivastava, Altamash Ali, Naveen Juneja, Smt. Archana Janu, Nadeem Ahmed, Nikunj Meena, Saurabh Kumar |
| Best Exempted Trust | Reliance Industries Limited, Mumbai, Maharashtra |
Recent Related News:
On 17th September 2024, the Union Minister Dr. Mansukh Mandaviya, Ministry of Labour & Employment (MoL&E) announced that now subscribers of the Employees ‘Provident Fund Organisation (EPFO) can withdraw up to Rs 1 lakh from their Provident Fund (PF) accounts for personal financial needs, an increase from the current limit of Rs 50,000.
About Employees’ Provident Fund Organization (EPFO):
Central Provident Fund Commissioner (CPFC) – Neelam Shami Rao
Headquarters – New Delhi, Delhi
Established – 1952
