A large number of people lost their jobs due to coronary artery disease (Kovid-19). Prior to the imprisonment, they were given a large gift from the central government. On Saturday, Finance Minister Nirmala Sitharaman announced that PF would be paid by the central government for all the people who lost their jobs during the corona. People get it
Union Finance Minister Nirmala Sitharaman said in a statement: ‘There are people who work in the formal sector and lose their jobs. The company then called them back, saying the central government will pay for the employee’s PF and employer’s share by 2022. The benefit of this announcement will be given to people who are registered with the Employees Provident Fund Organization (EPFO). The announcement made by the Finance Minister has been very helpful for employees and companies.
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Central government pays employer and employee PF stake till 2022: pic.twitter.com/9fDXzLdBSC
– ANI (@ANI) August 21, 2021
The employment situation is improving
The employment situation in the country is improving. This is indicated by the latest payroll data from the Employee Futures Fund Organization (EPFO). According to the Ministry of Labor, there were 12.83 lakh net members in June. At the same time, the number of members increased by 5.09 lakh in June compared to May. Of the total 12.83 lakh net subscribers added in June, about 8.11 lakh people have come under Social Security for the first time, the Employees Provident Fund Scheme. During the month, about 4.73 lakh net subscribers quit EPFO by switching jobs at EPFO-wide organizations, but re-joined EPFO.