Ministry of Labour & Employment
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Rs. 481.63 Crores disbursed to 40,826 members by exempted PF trusts under PMGKY

Ministry of Labour & Employment

Posted On: 20 APR 2020 6:57PM by PIB Delhi

The provision for a special withdrawal from the EPF Scheme to tide over the COVID -19      pandemic is part of the Pradhan Mantri Gareeb Kalyan Yojna (PMGKY) Scheme announced by Government and an urgent notification introduced Para 68 L (3) in the EPF Scheme for this purpose, on 28th March 2020. Under this provision non- refundable withdrawal to the extent of the basic wages and dearness allowances for three months or upto 75% of the amount standing to the member’s credit in the EPF account, whichever is less, is provided. The member can apply for lesser amount also.

It is heartening to report that the exempted PF trusts have also risen to the occasion amidst the COVID-19 pandemic. As on the forenoon of 17.04.2020, Rs. 481.63 crores (Rs. 481,63,76,714) have been disbursed to 40,826 PF Members as advance under para 68-L for  COVID-19 by the exempted PF Trusts.

Top 10 exempted establishments:

Some of the exempted establishments have also done exemplary work in this regard. As on 17.04.2020, the top 10 exempted establishments in terms of the amount disbursed for COVID-19 claims, are given below:

SL. NO.Establishment NameNo. of Application received in respect of COVID-19 claimsNo. of COVID-19 claims settledAmount disbursed
2TATA CONSULTANCY SERVICES LIMITED, Mumbai9373937343,34,04,641
3VISAKHAPATNAM STEEL PLANT, Vizag1708170840,99,37,800
4NTPC Limited, Delhi92592528,74,21,531
5HCL Technologies Ltd./Hindustan Instrument Ltd. Employees Provident Fund Trust, Gurgaon6938441527,14,03,862
6POWER GRID CORPRATION OF INDIA LTD. Delhi1263108926,17,32,403
7ONGC, Dehradun2297172324,17,00,000
8BHEL RC Puram1367119922,22,15,000
9M/S BHEL Bhopal175892616,42,00,001
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