The Surat Regional Office of The Gem & Jewellery Export Promotion Council (GJEPC) organised an interactive session with the senior officials of Employees’ Provident Fund Organisation (EFPO) in Surat last week to discuss the schemes on offer and their benefits.

Shri Shashank Raizada, Regional Commissioner - II, Regional Office, Surat gave a presentation on the concepts and schemes of the EFPO. He gave clear definitions of the terminology used and explained the eligibility criteria, placing emphasis on the importance of compliance and the process for doing so. He apprised member about the duties of various stake holders of a business, such as employees, employers, contractors, freelancers etc. and made them aware of the various platforms EPFO has created to reach out to them, including mobile apps and other online platforms.

Shri Ajeet Kumar, Regional Commissioner - I spoke about the importance of the EPFO.  He explained that as per the International Labour Organization, EPFO provides one of the best social security schemes for employees. He said that employers have a moral responsibility towards their employees, and accepting this will create loyal employees delivering increased productivity, both factors that can impact a business positively. The diamond sector is known for its CSR and humanity, he said, which is part of the culture of our country.  He described PF contributions and support to EPFO as a kind of CSR and an expression of humanity, giving the employers pride that they are contributing towards nation building.

In the interactive discussion that followed, participants put forward their queries, including many practical issues that arise due to change in birth date, change in name, change in employer, delay in receipt of interest, technical issues with portal etc.

Nearly 50 members of the OB of Surat Diamond Association, Surat Jewellery Manufacturers Association and other representatives of trade were present.