Govt asks EPFO to conduct study on impact of workforce formalisation

The central government has asked the Employees' Provident Fund Organisation (EPFO) to conduct a study to assess whether moving informal workers into formal jobs really improves their income stability, benefits, and job security within the next three months.

- AUHONA MUKHERJEE

"The committee noted that in response to the original recommendation made to the Government, to periodically study whether formalisation leads to sustained income security, social protection and long term employment, especially among informal workers, it has been stated by the Government in the reply that EPFO has (been) tasked with conducting a study through Pandit Deendayal Upadhyaya National Academy of Social Security (PDNASS) within 3 months and submit Action Taken Report in the matter. The committee desir