ANI
29 Apr 2026, 22:35 GMT+10
By Amit Kumar
New Delhi [India], April 29 (ANI): Union Minister for Labour and Employment Dr Mansukh Mandaviya on Wednesday said that EPFO has settled a record claim in the financial year 2025-26. EPFO has settled a record 8.31 crore claims in 2025-26, compared to 6.01 crore in FY 2024-25.Union Minister Mansukh Mandaviya further said that 5.51 crore claims were advance or partial withdrawals, revealing the ease of access to PF accounts, enabling members to draw upon their savings to meet their needs.
' 71.11% of advance claims were processed in auto mode (processed in 3 days), up from 59.19% in the previous year, minimizing manual intervention,' he added.
The Minister further added that 6.68 Crore members were able to file their claims without the hassle of uploading cheque leaf image. 1.59 Crore members were able to seed their bank accounts without seeking employer's approval.'70.55 lakh transfer claims were auto-processed without the intervention of either the member or employer while 24.84 lakh transfer requests were initiated by the members themselves without any dependence on the employer,' he added.Mansukh Mandaviya further said that 29.34 lakh members were able to correct their profiles and accessed their PF accounts on their own without any reference to EPF office or employer.v In April 2026 alone, 61.03 lakh claims had already been settled, with nearly 74% of PF advance claims processed in auto mode and 98.70% of total claims settled in less than 20 days.
Dr Mansukh Mandaviya further said that EPFO is set to launch E-PRAAPTI (EPF Aadhaar-Based Access Portal for Tracking Inoperative Accounts). A dedicated digital platform to facilitate identification, tracking, UAN linking and activation of old EPF accounts.
' The portal will provide a streamlined Aadhaar based authentication mechanism that will enable members to securely access their old EPF account which may not have an UAN linked with it and initiate the process for updating their member profile, followed by seamless UAN linking and activation,' he added.
Union Minister Mandaviya added that In the initial phase, the portal will be member ID based ensuring a secure and efficient roll out while delivering immediate benefits to a large segment of members who possess their member IDs. 'Going forward it is contemplated to expand the scope of E-PRAAPTI to include members who may not be able to recall or access their old members' IDs.
The platform is expected to reduce manual intervention, minimize documentation, and enhance transparency and efficiency,' he added
Sources of Ministry said that Ministry of Labour and employment is planning to bring National Employment Policy. (ANI)
Get a daily dose of Kolkata Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Kolkata Sun.
More InformationLIMA, Peru: As Peru's vote count drags on amid fraud allegations and a razor-thin battle for second place, right-wing candidate Keiko...
DUBLIN, Ireland: Nearly 16,000 Ukrainians will, in phases, lose the State-supplied accommodation they have been receiving from the...
OAKLAND, California: A courtroom battle between Elon Musk and Sam Altman is set to put one of Silicon Valley's most influential partnerships...
JERUSALEM, Israel: Israel's president signaled that he was in no hurry to consider Prime Minister Benjamin Netanyahu's request for...
KUALA LUMPUR, Malaysia: Jailed former Malaysian Prime Minister Najib Razak has withdrawn his appeal against a court ruling denying...
WASHINGTON, D.C.: Firing squads may soon become a permitted method of execution as the Trump administration moves to ramp up and expedite...
KATHMANDU, Nepal: A crevasse strewn with chunks of ice, including one towering block, has stranded hundreds of mountaineers at the...
New Delhi [India], April 29 (ANI): The Indian stock markets displayed resilience on Wednesday, closing in the green despite Brent crude...
Bengaluru (Karnataka) [India], April 29 (ANI): USA football icon Christian Pulisic and star cricketers Virat Kohli, Rajat Patidar,...
By Amit Kumar New Delhi [India], April 29 (ANI): Union Minister for Labour and Employment Dr Mansukh Mandaviya on Wednesday said...
Jaipur (Rajasthan) [India], April 29 (ANI): Rajasthan Chief Minister Bhajan Lal Sharma on Wednesday described the Census of India 2027...
Bidhannagar (West Bengal) [India], April 29 (ANI): West Bengal BJP President Samik Bhattacharya on Wednesday cast his vote as polling...
