EPFO set for digital overhaul with new IT platform by May-June: Mandaviya

Q: How long will it take to read this news story?

The story "EPFO set for digital overhaul with new IT platform by May-June: Mandaviya" has 703 words across 26 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "EPFO set for digital overhaul with new IT platform by May-June: Mandaviya" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 183 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27976507</li><li>URL: https://tessjds.beamstart.com/news/epfo-set-for-digital-overhaul-17449761337519</li></ul>

Business Standard Logo Business Standard 1w ago

EPFO set for digital overhaul with new IT platform by May-June: Mandaviya - Business Standard

Quick Summary:

The Employees' Provident Fund Organisation (EPFO) is set to undergo a major digital overhaul to enhance services for over 9 crore beneficiaries, with Version 3.0 set to launch by May or June, Union Labour and Employment Minister Mansukh Mandaviya said on Friday.

"EPFO will soon implement Version 3.0 with the help of a robust IT platform to provide seamless and simplified services, including auto-claim settlements, digital corrections, and ATM-based fund withdrawals.

In coming days, EPFO beneficiaries will be able to withdraw funds from ATMs due to faster processing of claims on the newer Version 3.0, Mandaviya said in an interview with PTI.