Phase IFoundation
Background
Overview
As a major statutory body, EPFO plays a critical role in India's social security framework, impacting the financial well-being of a vast workforce. Its governance, reforms, and financial management are crucial for public policy.
The Employees' Provident Fund Organisation (EPFO) is a statutory body under the Ministry of Labour and Employment, Government of India, responsible for administering the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, and various social security schemes like EPF, EPS, and EDLI for the organized sector in India. It is one of the largest social security organizations globally.