EPFO investment in market may exceed 5%: Minister

NEW DELHI: Labour minister Bandaru Dattatreya on Tuesday hinted at increasing EPFO’s investment in market from the current 5% despite opposition from trade unions

NEW DELHI: Labour minister Bandaru Dattatreya on Tuesday hinted at increasing EPFO’s investment in market from the current 5% despite opposition from trade unions and dismal returns it earned in last the fiscal. While he did not specify the percentage increase, sources said the government could invest up to 10% of the corpus, which stands at 1.2 trillion.

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