Governance Current Affairs

EPFO gets Skoch Awards for Smart Governance Initiatives

The Employees’ Provident Fund Organisation (EPFO) has been awarded SKOCH Award for Smart Governance.

It has been bestowed with this award for its initiatives on UAN Programme and Transformation of Social Security Agenda in India.

It is the 5th Award won by EPFO in the last two years for its initiatives for the welfare of various stakeholders.

About Employee Provident Fund Organisation (EPFO)

  • EPFO is a statutory body of Union Government that comes under the aegis of Ministry of Labour and Employment.
  • Headquarters: New Delhi.
  • Functions: Administers a compulsory contributory Provident Fund Scheme (1952), Pension Scheme (1995) and an Insurance Scheme (1976).
  • It is one of the largest social security organisations in India in terms volume of financial transactions undertaken and number of covered beneficiaries.

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