Industry Newsupiepfopaymentspublic sector
Labour Ministry Enables EPFO Withdrawals Via UPI
|
6.2
The Union Labour Ministry is reportedly developing a system to let eight crore EPFO members directly withdraw funds using UPI, targeting rollout by April 2026. The plan would freeze a portion of accounts, show eligible balances, and permit transfers via linked UPI PIN; it complements recent Central Board of Trustees reforms that liberalised partial withdrawals and raised the auto-settlement limit to ₹5 lakh.
Scoring Rationale
High national impact and novelty offset by single-source reporting and limited relevance to core AI/ML topics.
Practice with real Payments data
90 SQL & Python problems · 15 industry datasets
Used by DS/ML engineers at top companies
250 free problems · No credit card
See all Payments problems
