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Home » Current News » Over 6.23 cr UAN holders contributed to EPF account in past 1 year: Govt

By Sunita MishraJuly 25, 2023

Over 6.23 cr UAN holders contributed to EPF account in past 1 year: Govt

Over Rs 4,962 crore lying in inoperative EPF accounts as on March 31, 2022.

July 25, 2023: A total of 63,223,146 UAN holders across India’s 37 states and union territories (UTs) contributed at least once into their EPF accounts in the past one year, minister of state for labour and employment Rameshwar Teli told the Lok Sabha in a written reply on July 24. At 13,431,905, Maharashtra had the highest number of PF members who contirnuted in their EPF accounts in the past one year, followed by Karnataka with 7,537,917, data show.

Under paragraph 72(6) of the EPF Scheme 1952, certain accounts are classified as inoperative accounts. All such inoperative accounts, however, have definite claimants. As on March 31, 2022, the total amount in inoperative EPF accounts is Rs 4962.70 crore, he added.

The Employees’ Provident Fund (EPF) Scheme, 1952 is one of the three schemes framed under the Employees’ Provident Funds and Miscellaneous Provisions (EPF & MP) Act, 1952. The scheme aims at providing social security to employees employed in an EPF-covered establishment. Under the scheme, an employee of any covered establishment drawing monthly wages up to Rs 15,000 is statutorily required to join the fund and to contribute 12% of wages, which includes basic wages, dearness allowance and retaining allowance. The employer is also required to contribute 12% of the wages. The wage ceiling for coverage under the scheme is revised from time to time. It is Rs 15,000 per month since SEptember 2014.

“The Employees’ Provident Fund is managed by a board of trustees, consisting of  representatives from Central government, employers, employees and state governments. A member of the scheme is entitled to the benefit of withdrawal and advance for various purposes — for purchase/construction of dwelling house, illness, education, marriage, Covid-19, etc., from the EPF as per the provisions contained in the said scheme. A member is also entitled for credit of interest on his/her PF accumulations each year,” the minister told the Lower House.

UAN holders contributing in EPF account between July 2022 and June 2023

Sl. No. State/UT Employees
1 ANDAMAN AND NICOBAR ISLANDS 20,240
2 ANDHRA PRADESH 1,500,966
3 ARUNACHAL PRADESH 11,642
4 ASSAM 361,954
5 BIHAR 116,3720
6 CHANDIGARH 594,835
7 CHATTISGARH 656,683
8 DADRA AND NAGAR HAVELI 165,025
9 DAMAN AND DIU 109,811
10 DELHI 4,007,063
11 GOA 250,279
12 GUJARAT 4,187,709
13 HARYANA 3617,407
14 HIMACHAL PRADESH 435,518
15 JAMMU AND KASHMIR 194,754
16 JHARKHAND 690,022
17 KARNATAKA 7,537,917
18 KERALA 1,249,560
19 LADAKH 2,356
20 LAKSHADWEEP 40
21 MADHYA PRADESH 1,453,179
22 MAHARASHTRA 13,431,905

Ratnagiri (37,782)  & Sindhudurg (8,422)

23 MANIPUR 16,924
24 MEGHALAYA 4,1049
25 MIZORAM 4,234
26 NAGALAND 11,224
27 ODISHA 109,1497
28 PUDUCHERRY 132,719
29 PUNJAB 85,1871
30 RAJASTHAN 1,725,304
31 SIKKIM 30,711
32 TAMIL NADU 6,530,368
33 TELANGANA 3,966,619
34 TRIPURA 33,572
35 UTTAR PRADESH 3,145,415

Badaun(4,287) & Prayagraj(7,6790)

36 UTTARAKHAND 734,969
37 WEST BENGAL 3,264,085
Total 63,223,146

(Source: Union Minister of State for Labour and Employment Shri. Rameshwar Teli)

 

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com

 

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sunita mishra
Sunita Mishra

An alumna of the Indian Institute of Mass Communication, Dhenkanal, Sunita Mishra brings over 16 years of expertise to the fields of legal matters, financial insights, and property market trends. Recognised for her ability to elucidate complex topics, her articles serve as a go-to resource for home buyers navigating intricate subjects. Through her extensive career, she has been associated with esteemed organisations like the Financial Express, Hindustan Times, Network18, All India Radio, and Business Standard.

In addition to her professional accomplishments, Sunita holds an MA degree in Sanskrit, with a specialisation in Indian Philosophy, from Delhi University. Outside of her work schedule, she likes to unwind by practising Yoga, and pursues her passion for travel.
sunita.mishra@proptiger.com

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