(a)whether the amount of Non- Performing Assets under the Employees Provident Fund
Organisation (EPFO) have increased during the last three years and the current year;
(b) if so, the details thereof, State-wise and year-wise;
(c) whether the Government has made any study to find out the factors responsible for
such increase;
(d) if so, the details and facts thereof; and
(e) the remedial steps taken by the Government in this regard?
MINISTER OF STATE FOR LABOUR AND EMPLOYMENT(SHRI HARISH RAWAT)
(a) & (b): No,Madam.However,an amount of Rs. 24,10,33,200/- has been under
default in respect of two investments made in the bonds of Pradeshia Industrial and
Investment Corporation of UP Limited (PICUP) and Uttar Pradesh State Financial
Corporation (UPSFC) as per details given below:
Sl.No. Name of stock Principal amount(Rs.) Default since
1. The Pradeshia Industrial and 1,10,33,200/- July 2002 Investment Corporation of UP Limited
2. Uttar Pradesh State Financial 23,00,00,000/- April 2005 Corporation