India raises EPFO wage ceiling to ₹25,000, covering 51 lakh workers
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AI-generated summary of the coverage listed below: The Union Cabinet approved an increase in the Employees' Provident Fund (EPF) wage ceiling from ₹15,000 to ₹25,000, a change that will extend mandatory coverage to an additional 51 lakh workers. The move is part of a broader effort to align retirement benefits with rising incomes and formal employment growth. The government estimates the five‑year cost of the revision at about ₹56,696 crore.
Covered by 6 outlets across the spectrum: 33% left, 50% center, 17% right.
Who is covering this story
- Left-leaning (2): The Federal, The Hindu
- Center (3): Deccan Herald, Mint, The New Indian Express
- Right-leaning (1): Times of India
Sources
- Union Cabinet raises EPFO wage ceiling after 12 years, to Rs 25,000 — The Federal (left-leaning)
- EPFO raises wage ceiling to Rs 25k, coverage up by Rs 1 crore — Times of India (right-leaning)
- EPFO wage ceiling raised to Rs 25,000 to cover 51 lakh more workers — Deccan Herald (center)
- EPFO wage ceiling raised to ₹25,000 from ₹15,000: Ashwini Vaishnaw — Mint (center)
- EPFO wage ceiling raised to Rs 25,000, 51 lakh more workers to get coverage — The New Indian Express (center)
- After 12 years, Centre hikes EPFO wage ceiling to ₹25,000 a month — The Hindu (left-leaning)