EPFO shifts November 19 CBT meeting to New Delhi
In short
EPFO has moved its 240th Central Board of Trustees meeting to New Delhi from Gujarat. The meeting is set for 19 November and comes as reports say the minimum EPS pension could be raised from ₹1,000 to ₹3,000.
The change has drawn attention because people are watching whether the government will approve the pension hike.
What the reporting says
EPFO shifted the venue of its 240th Central Board of Trustees meeting on 19 November from Gujarat to New Delhi. The meeting comes amid media reports that the government may consider raising the minimum EPS pension from ₹1,000 to ₹3,000. The change in venue adds to market attention on whether the pension proposal will move forward at the meeting.
Why it matters
EPFO shifted the venue of its 240th CBT meeting on 19 November from Gujarat to New Delhi. The meeting is being watched because media reports have suggested a possible increase in the minimum EPS pension from ₹1,000 to ₹3,000.