Member enrolment by EPFO rises over the last 3 yrs Tuesday, May 10 2005 09:12 Hrs (IST) - World Time -
New Delhi:
New Coverage as well as the number of members enrolled by the Employees Provident Fund Organisation (EPFO) have increased during the last three years, thanks to Special Coverage Drives launched from time-to-time, Labour Minister Chandrasekhar Rao informed the Lok Sabha yesterday (May 9, 2005).
He said in a written reply that during the period January 2005 to March 2005 a country-wide Special Coverage Drive was launched as a result of which 19,854 establishments with 6,02,669 members were brought under the purview of the Employees Provident Funds & Miscellaneous Provisions Act, 1952.
He said compliance of the establishments is regularly monitored through a computerized system namely, Computerised Compliance Tracking System (CCTS) and on detection of default or on receipt of specific complaints, inspections are conducted so as to discourage default.
The Minister said more than Rs. 1167 crore is outstanding from the private sector establishments affecting 23.70 lakh employees as on March 2005.