New Delhi, May 27 -- The Employees' Provident Fund Organisation EPFO subscribers may soon be able to withdraw provident fund money directly into their bank accounts via UPI. No employer sign-off. No long processing delays. Just scan a QR code at an ATM and get your EPF money instantly.

Earlier this month, labour ,inister Mansukh Mandaviya stated that the Employees Provident Fund Organisation (EPFO) is taking various initiatives to improve the quality of service delivery.

"We have completed the testing of the facility where members can withdraw EPF (employees' provident fund) through the use of the UPI payment gateway. The withdrawn amount will be directly transferred into the bank account of the member," Mandaviya said.

Currently, the ...