The EPF and MP Act, 1952 have been implemented in the Union Territories of Jammu and Kashmir and Ladakh from 31 October 2019. In view of this, EPFO has introduced provident fund, pension and insurance benefits for the employees of all the establishments falling under the JKPF Act. Apart from this, the EPFO has also set up Regional Offices in Srinagar, Jammu and Facilitation Center in Leh.
After The Expansion Of The EPF Act In The Union Territories, The First Meeting Of The CBT Was Held In Srinagar On 4 March.
The 228th meetingof the Central Board of Trustees ( CBT )of the EPF was held in Srinagar today under the chairmanship of the Union Minister of State (Independent Charge) for Labor and Employment, Shri Santosh Kumar Gangwar.
Vice President and Secretary, Ministry of Labor and Employment Shri Apoorva Chandra and Union Provident Fund Commissioner and Member Secretary Mr. Sunil Barthwal were also present on the occasion.
On this occasion, the chairman of CBT released a booklet on the operation of EPFO in Jammu and Kashmir and Ladakh.
In which the detail of the efforts made by the EPFO in the expansion of social security schemes in these Union Territories is given in full detail. Apart from this, CBT has also approved the creation of 98 necessary posts in various cadres for the uninterrupted functioning of the regional offices of Jammu and Kashmir. And through this decision, all the EPF and EPFO employees and officers of Jammu and Kashmir will be able to have a smooth meeting in the CBT and EPF.
Meanwhile, between 31 October 2020 to 31 January 2021, the number of establishments under social security of EPFO in Jammu and Kashmir and Ladakh increased by 31 per cent from 3458 to 4754. Now all the work in these establishments will be online like the mechanism of EPFO.
Whereas before this, most of the non-manual (manual) works were being done here. This will also make it easier for these establishments to do business. Employers will now be able to avail the services of EPFO through online mode. Under this, electronic challan-cum-return (ECR) submission, payment through internet banking, online registration of establishments (OLRE), virtual hearing, e-inspection etc. can be done. Apart from this, these establishments will now get the benefit of the schemes through lower administrative fees as compared to the previous scheme.
The benefit of EPFO ‘s social security schemes in these union territories has reached 2.11 lakh consumers by January 2021. Which has increased significantly by 63% as compared to 1.29 lakhs in October, 2019. Under the EPFO, the amount of EDLI scheme has been increased by Rs 70 thousand to Rs 6 lakh. Under this, the families of the deceased employees get the benefit of insurance. Apart from this, consumers of these union territories will also get additional social security cover in the form of pension given by the EPFO.
