NEW DELHI : Lawmakers have raised concerns over the recently released data showing large-scale disbursal of claims by the Employees’ Provident Fund Organisation (EPFO).
This comes in the wake of the Central Provident fund Commissioner (CPFC), Sunil Barthwal, stating during a webinar earlier this month that as many 2.3 million claims were settled and ₹8,000 crore was disbursed from retirement savings.
Senior parliamentarians, particularly those from the parliamentary committee on labour, said the data available indicates distress withdrawal.
Some members of the committee are now also demanding that it should be taken up when the panel meets next. Most Opposition parties said the withdrawal, which is nearly 10 times the quantum of