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12 lakh EPFO members withdraw Rs 3,360 cr retirement savings during lockdown: FM
May 17, 2020 | By The Times of India
business
Earlier, on March 28, the EPFO allowed formal sector workers to withdraw a non-refundable advance from their retirement savings to deal with the hardships due to the lockdown.
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Finance Minister Nirmala Sitharaman on Sunday said around 12 lakh members of the Employees' Provident Fund Organisation (EPFO) withdrew Rs 3,360 crore retirement savings during the coronavirus-induced lockdown. Earlier, on March 28, the EPFO allowed formal s
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