Breaking News
Home / Initiatives / Center / Digital India / Government to Ensure Transparent Admin of Social Security Schemes

Government to Ensure Transparent Admin of Social Security Schemes

News

  • Government is making efforts to ensure transparent and swift administration of social security schemes through e-initiatives for employees and employers, Labour Minister Bandaru Dattatreya said.
  • He appreciated new initiatives by Employees’ Provident Fund Organisation (EPFO), including allotment of Universal Account Number to all EPF subscribers.
  • The retirement fund body has launched Know Your Claim facility for tracking status of claim application, Know Your Balance and e-passbook for viewing remittances and members name, Online Transfer Claim Portal to file claim for transfer electronically from one account to another and provision of allotment of PF codes number online (OLRE).
  • Among others are, Electronic Challan cum Return (ECR) facilitating online payment of PF contributions and submission of returns, adoption of a new software (Batch Processing Software) for timely updating annual accounts status of the subscribers, EPF Internet Grievance Monitoring System (EPFiGMS and Electronic payments of benefits are among others e-initiatives by EFPO.
  • Almost 98 per cent of payments are now through electronic mode using the National Electronic Fund Transfer (NEFT) and Core Banking Solution (CBS) at banks.

About The Indian Iris

Just like an iris controls the light levels inside the eye making it possible for us to see the outside world, The Indian Iris aims at shedding light on the ongoing political affairs, policies and schemes of the Government of India (GOI) and those of the State Governments.

Leave a Reply

Your email address will not be published. Required fields are marked *