Government to make public names of big PF defaulters
New Delhi: Union labour minister Sahib Singh Verma said on Friday that he would soon make public the names and other details of major provident fund defaulters. “I will hold a separate press conference to give the details of big defaulters,” Verma told reporters here after the 162nd meeting of Central Board of Trustees of Employees Provident Fund Organisation (EPFO). The EPFO, which is saddled with default arrears amounting to Rs 1,200 crore, will also set up a directorate of recovery in addition to directorate of audit. “We have decided to establish directorate of recovery and directorate of audit and confidence validity for expediting the recovery of arrears, of which about 70 per cent were locked in litigation,” the minister said. The proposed directorate of recovery would maintain dossiers on large defaulters, apart from tracking delinquency and defaults. Earlier, former chief vigilance commissioner N Vittal, who is now the chairman of Central Board of Trustee’s IT taskforce, had made public the names of tainted officials of public sector organisations. The minister said those who defaulted on payments of over Rs 1 lakh would be exposed and no one would be spared. Verma further said that EPFO has entrusted Jamshedpur-based Xaviers Labour Relation Institute (XLRI) with the job of preparing a blueprint for its organisational redesigning.
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