Employees’ Provident Fund Organisation (EPFO) celebrated its 74th Foundation Day in New Delhi today. The occasion marked EPFO’s journey from a statutory provident fund organization to one of India’s foremost social security institutions since its inception in 1952.
Labour and Employment Minister Mansukh Mandaviya presided over the occasion which was also attended by the Labour Ministry’s Secretary Chandra Bhushan Kumar, Central Provident Fund Commissioner Ramesh Krishnamurthi, workers, employers and other stakeholders.
Addressing the gathering, Mr. Mandaviya highlighted that over its 74-year journey, EPFO has emerged as a trusted institution for the workforce of the country. He noted that the trust reposed in the organisation is reflected in the 32 lakh crore rupee corpus accumulated through contributions from more than 8 crore members, made possible by the dedication, hard work and commitment of the EPFO workforce.
The Minister emphasised the need to sensitize social security for the workers and their grievances, which need to be dealt with compassion. Commending the relentless efforts behind technological transformations like CITES 2.01, he called upon every official to focus on the welfare of the worker at the last mile. He urged officials to take inspiration from the ‘Panch Pran’ articulated by Prime Minister Narendra Modi.