Lok Sabha Question No. 143 (UNSTARRED), answered on 2016-04-25
Subject: Non-Operative EPF Accounts
Ministry: LABOUR AND EMPLOYMENT
Asked by: T. RADHAKRISHNAN, DHANANJAY BHIMRAO MAHADIK, K. MARAGATHAM, VIJAYSINH MOHITE PATIL, SUPRIYA SADANAND SULE, HEENA VIJAYKUMAR GAVIT, DUSHYANT CHAUTALA, S.SELVAKUMARA CHINNAYAN

## GOVERNMENT OF INDIA

## MINISTRY OF LABOUR AND EMPLOYMENT

## LOK SABHA

UNSTARRED QUESTION NO. 143

TO BE ANSWERED ON 25.04.2016

## NON-OPERATIVE EPF ACCOUNTS

143. SHRI T. RADHAKRISHNAN:

SHRI DHANANJAY MAHADIK:

SHRIMATI K. MARAGATHAM:

SHRI MOHITE PATIL VIJAYSINH SHANKARRAO:

SHRIMATI SUPRIYA SULE:

DR. HEENA VIJAYKUMAR GAVIT:

SHRI DUSHYANT CHAUTALA:

SHRI S. SELVAKUMARA CHINNAYAN:

Will  the  Minister  of  LABOUR  AND  EMPLOYMENT  be  pleased  to state:

- (a)the total number of EPF account holders along with the number of accounts that are non-operative and corpus involved therein in the country, State/UT-wise;
- (b)whether the Government proposes to give interest on inoperative PF accounts and if so, the details thereof and the number of employees likely to be benefited through this move; and
- (c)the  time  by  which  a  final  decision  is  likely  to  be  taken  in  the matter?

## ANSWER

## MINISTER OF STATE (IC) FOR LABOUR AND EMPLOYMENT (SHRI BANDARU DATTATREYA)

(a):            As per Annual Report of Employees' Provident Fund Organisation  (EPFO)  for  the  year  2014-15,  as  on  31.03.2015,  the number of Employees' Provident Fund (EPF) account holders was 15.84 crore.  The  details  relating  to  number  of  inoperative  accounts  is  not maintained separately.

Contd..2/-

As  per  para  72(6)  of  the  Employees'  Provident  Fund  Scheme 1952,  certain  amounts  are  classified  as  'Inoperative  Accounts'  in which contributions have not been received for 36 months continuously.  All  such  Inoperative  Accounts  have,  however,  definite claimants.

As per Annual Accounts of EPF Organisation, as on 31.03.2015, an  amount of  Rs.  35,531.39  crore  has  been  classified  as  inoperative accounts in EPF.

The  State/UT-wise  details  of  Inoperative  Accounts  as  on  31.03.2015 are at Annex.

(b) & (c): The Central Board of Trustees (CBT), Employees' Provident Fund (EPF) in its 212 th   meeting  held on 29.03.2016 has approved the changes in the definition of inoperative account. However, no proposal has so far been received in the Ministry from EPFO in this regard.

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ANNEX  REFERRED  TO  IN  REPLY  TO  PART  (a)  OF  LOK  SABHA  UNSTARRED QUESTION NO. 143 TO BE ANSWERED ON 25.04.2016 BY SHRI T. RADHAKRISHNAN,  SHRI  DHANANJAY  MAHADIK,  SHRIMATI  K.  MARAGATHAM, SHRI MOHITE PATIL VIJAYSINH SHANKARRAO, SHRIMATI SUPRIYA SULE, DR. HEENA VIJAYKUMAR GAVIT, SHRI DUSHYANT CHAUTALA, SHRI S. SELVAKUMARA CHINNAYAN REGARDING NON-OPERATIVE EPF ACCOUNTS.

## State/UT-wise details of Inoperative Accounts as on 31.03.2015

(Amount in Crore)

| S. No.   | State/UT                                                                                          | 2014-15   |
|----------|---------------------------------------------------------------------------------------------------|-----------|
| 1        | ANDHRA PRADESH (includes Telengana)                                                               | 2,818.59  |
| 2        | BIHAR                                                                                             | 247.08    |
| 3        | CHHATTISGARH                                                                                      | 358.62    |
| 4        | DELHI                                                                                             | 4,259.94  |
| 5        | GOA                                                                                               | 187.04    |
| 6        | GUJARAT (includes Daman & Diu and Dadra & Nagar Haveli)                                           | 2,425.61  |
| 7        | HARYANA                                                                                           | 2,033.14  |
| 8        | HIMACHAL PRADESH                                                                                  | 202.82    |
| 9        | JHARKHAND                                                                                         | 354.70    |
| 10       | KARNATAKA                                                                                         | 4,610.34  |
| 11       | KERALA (includes Lakshadweep)                                                                     | 414.61    |
| 12       | MADHYA PRADESH                                                                                    | 883.46    |
| 13       | MAHARASHTRA                                                                                       | 7,777.01  |
| 14       | North Eastern Regions (Assam, Arunachal Pradesh, Tripura, Meghalaya, Nagaland, Manipur & Mizoram) | 224.38    |
| 15       | ODISHA                                                                                            | 658.94    |
| 16       | PUNJAB (includes Chandigarh)                                                                      | 1,119.63  |
| 17       | RAJASTHAN                                                                                         | 503.09    |
| 18       | TAMIL NADU (includes Puducherry)                                                                  | 2,676.12  |
| 19       | UTTARAKHAND                                                                                       | 181.86    |
| 20       | UTTAR PRADESH                                                                                     | 1,862.28  |
| 21       | WEST BENGAL (includes Sikkim and Andaman & Nicobar Islands)                                       | 1,732.13  |
|          | Total                                                                                             | 35,531.39 |

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