Rahul Slams Government Over Rs. 30,000 Crore Of Epfo Withdrawls

As the country struggles hard with exploding pandemic as much as Rs 30,000 crore has been withdrawn in under four months starting April by 8 million subscribers of the Employee Provident Fund Organisation.EPFO manages a corpus of Rs 10 lakh crore built on mandatory contributions from nearly 60 million salaried people and their employers. The huge outgo is likely to impact the fund’s earnings in FY21, officials said.Congress leader Rahul Gandhi has slammed the government as people have to withdraw their savings due to financial distress.

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