Government investing EPF money cautiously, finds result 'very positive' - News Summed Up

Government investing EPF money cautiously, finds result 'very positive'


This government is pro-poor, pro-worker and pro-progressive... We have made (investments) in Exchange Traded Funds (ETFs) and not in share markets. After August 2015, only Rs 1.25 lakh crore has been invested. NEW DELHI: The workers' money in EPFO has not been diverted to stock markets but it is invested in funds which are safe and profitable, the government said in the Rajya Sabha. "This worldover pattern is giving positive returns. "In Nifty there are 50 baskets and in the BSE, 30 baskets.


Source: Economic Times August 02, 2016 12:33 UTC



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