Ministry asks EPFO to ensure UAN activation for employees through Aadhaar-based OTP – ThePrint – ANIFeed

New Delhi (India), November 21 (ANI): The Ministry of Labor and Employment has directed the Employees Provident Fund Organization (EPFO) to campaign with employers and ensure activation of Universal Account Number (UAN) of employees , the ministry said in a statement on Thursday.

EPFO will involve their zonal and regional offices for effective outreach, according to the release. The move is part of the announcements made by the government in the Union Budget 2024-25 to ensure that the benefits of the Employment Incentive Scheme (ELI) reach the maximum number of employers and employees.

The Central Government has already issued instructions to Ministries/Departments to ensure subsidy/incentive payments to beneficiaries of welfare schemes through Aadhaar Payment Bridge and to ensure 100% biometric Aadhaar authentication.

Using Aadhaar as an identity document streamlines government delivery processes, improves transparency and efficiency, and ensures that beneficiaries receive their entitlements seamlessly. Aadhaar-based verification eliminates the need to produce multiple documents to prove one’s identity.

In the first phase, employers are required to complete the UAN activation process through Aadhaar-based OTP for all their employees joining in the current financial year by November 30, 2024, starting with the latest joinees. They must then complete the process for all employees who work with them.

UAN activation gives employees seamless access to EPFO’s comprehensive online services, enabling them to efficiently manage their Provident Fund (PF) accounts, view and download PF passbooks, submit online applications for withdrawals, advances or transfers, update personal details and track claims. real time. This allows employees 24/7 access to EPFO services from the comfort of their homes, eliminating the need for physical visits to EPFO offices.

According to the budget announcements, the government will implement 3 schemes for “Employment Linked Incentives” as part of the Prime Minister’s package. These will be based on EPFO enrollment and will focus on recognition of first-time employees and support for employees and employers. The ELI scheme aims to create over 2 million jobs in the country over a period of 2 years. This will significantly contribute to increasing employment opportunities and improving livelihoods.(ANI)

This report is automatically generated by the ANI news service. ThePrint assumes no responsibility for its content.