Retirement
EPFO says Aadhaar not mandatory for members

After discovering that the UIDAI is organising enrolment camps only in 18 states, the provident fund body decided to withdraw its decision to make Aadhaar number mandatory for all EPFO members

The Employees' Provident Fund Organisation (EPFO) has said that looking at the difficulties in enrolment, it has decided not to make the UID (Unique Identification) or Aadhaar number mandatory for its over five crore members. The provident fund body said it would now collect core banking account number of all contributing members as indicated in electronic challan cum return (ECR).

 

Trade unions (TUs) had also raised the red flag against the retirement fund body’s suo moto decision to make submission of Aadhaar mandatory citing difficulties in obtaining Aadhaar.

 

In a release, the EPFO said, “In view of the discussion held with officials of the Unique Identification Authority of India (UIDAI), and the time required in the process of obtaining Aadhaar numbers, it may not be possible to obtain Aadhaar number or enrolment number by EPF members by 1 March 2013. Therefore it has been decided not to make Aadhaar number or enrolment number mandatory for EPF members from 1 March 2013.”

 

During the discussion, the EPFO found that UIDAI through its registrars has been organising enrolment camps in 18 states only. “Registrar General of India (RGI) has been collecting data in respect of the remaining states through National Population Register (NPR). While data collected by RGI is also being processed for issue of Aadhaar numbers by UIDAI, the methodology used by RGI for setting up enrolment camps is different i.e. it is being done on the basis of house-to-house data collected by enumerators during Census Operations 2011, unlike UIDAI camps, where any resident, irrespective of the place of residence can get himself enrolled for Aadhaar number. Thus enrolment may take considerable time,” the EPFO said.

 

It also asked its regional and sub-regional offices to make an all-out effort to collect the core banking account number of all contributing members as indicated in the ECR. “The updation of members’ master in the database is one of the standards required for implementation of the ISO 9001 certification and the success indicator under the Results Framework Document (RFD). In view of the benefits that would accrue both to the EPF members and EPFO, it has now been decided to collect the core banking account number of all contributing members as indicated in the ECR,” the pension fund body said.

 

Last month, EPFO had said that new members joining the its retirement fund scheme will have to mandatorily furnish Aadhaar number as know your customer (KYC) credential for enrolment from 1 March 2013. The move was opposed by TUs.

 

Questioning the decision of the EPFO, trade union leaders had said that it would be impossible for the members to provide Aadhaar numbers as the scheme was not operational in many parts of the country. Also it was cumbersome to get the numbers in states where the scheme is operational.

 

EPFO is working towards creating a central database where all members would have a unique account number and would not require to transfer PF accounts to another one in the event of changing jobs.

 

EPFO recently digitalised its database of regional offices and launched its e-passbook service where subscribers can access their account online. Now the body is working towards integrating this digital database and bring it together at one place.

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COMMENTS

M G WARRIER

4 years ago

Till such time UIDAI is able to issue AADHAAR Cards/Numbers(Centre is yet to decide whether AADHAAR will remain a 'number' and NPR Cards will be the 'mandatory' identification, according to reports)to all who have applied up to, say, a month back and are in a position to accept 'spot' applications from new applicants, it would be expedient to use AADHAAR as one of the alternative records for identification.

CA dev kant

4 years ago

higher intert rate by 0.25% may be offered if epf holder gives aadhar number voluntarily to provide better services.

REPLY

M G WARRIER

In Reply to CA dev kant 4 years ago

Good idea. Also, pay incremental additional interest @ one per cent per annum for amounts kept with organisations(including banks) as 'unclaimed' deposits when claimant is traced out and the amount is paid. e.g. Rs1000 'accounted' as unclaimed deposit as on March 31,2013 which earnt interest @10 per cent per annum as on that date will grow to Rs1244(1000+110+134) if paid on April1, 2015.

“Cancel bail of A Raja and others in 2G scam after deposition from Vahanvati”

The deposition of GE Vahanvati before the JPC makes it a strong case for the investigating authorities to approach the court for cancelling the bail to A Raja and other accused in the 2G scam, demands an activist


Gulam E Vahanvati, former Solicitor General and current Attorney General, told the Joint Parliamentary Committee (JPC) probing the 2G scam that the press note about 2G licences was changed at the last minute by the then telecom minister A Raja, thus betraying his trust in the process. Following this deposition, Right to Information (RTI) activist Subhash Chandra Agrawal has asked for the cancellation of bail to A Raja and others, who were arrested in the 2G spectrum allocation scam.

 

“In view of deposition of GE Vahanvati before the JPC, the investigating authorities should approach the courts for immediate cancellation of bail to former Union minister A Raja and other accused on bail in respect of 2G-scam,” Mr Agrawal, an ardent RTI activist said.

 

He said, the Attorney General confirmed before the JPC that he was consulted in drafting a press note on allotment of 2G spectrum. However, as per rule 8(e) of the Law Officers (Service and Conditions) Rules 1987, any law officer of the Union Government shall not give any advice to any government department or ministry unless the Union ministry of law and justice sends a proposal for the same.

 

“Therefore, the law ministry and the Attorney General should make it clear if involvement of GE Vahanvati in any consultation or drafting on allotment of 2G spectrum was done after receiving a proposal from the Ministry or not,” Mr Agrawal said.

 

Earlier, replying to an application filed by Mr Agrawal under the RTI Act, AS Malhotra, PPS to the then Solicitor General (and now to the Attorney General) has clarified about the meeting. He said, “In the first week of December 2007, there was a discussion held with the then Union minister of external affairs in relation to the issues raised in the proceedings filed by Cellular Operators Association of India (COAI) before the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) in relation to allocation of spectrum. The minister of communication & IT was present. The contentions of the COAI and those of the Department of Telecommunications (DoT) were explained to the minister.”

 

“No written advice was given (by the Solicitor General). A brief note was prepared and handed over to the minister. A copy of the note was not retained in the office,” he said in the reply.

 

 

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Cipla’s revenues moderate, grow by 18% to Rs2,103 crore

Cipla’s domestic and international business grew while its international API formulations business shrunk

Cipla’s gross revenues grew by 18% year-on-year to Rs2,103 crore for the quarter  ended December 2012 compared to Rs1,783 crore for the same period last year. Its operating margins grew by 25.4% to Rs493 crore, up from Rs393 crore in for the corresponding period last year.

 

Similarly Cipla’s net profit rose 25.5% to Rs339 crore, up from Rs270 crore it recorded during Q3 of the 2011-2012 fiscal.

 

Exports of formulations, for its international business, grew by 38% to Rs969 crore during Q3FY13, when compared to Rs702 crore. However, exports of APIs fell 16% to Rs137 crore from Rs164 crore.

 

The growth in exports revenues was primarily due to growth in anti-depressants, anti-malarials, anti-retroviral and anti-asthma segments, while growth in domestic market were due to increased anti-asthma, antibiotics and cardiovascular therapy sales.

 

Cipla has a global turnover of $1.4 billion and serves doctors and patients in over 170 countries. It has earned a name for maintaining one global standard across all its products and services.

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