Question : EMPLOYEES PROVIDENT FUND SCHEME FOR PRIVATE BANKS

(a) whether the Employees Provident Fund Scheme has been extended to private sector banks; and

(b) if so, the details thereof?

MINISTER OF STATE FOR LABOUR AND EMPLOYMENT ( SHRI MUNI LALL )

(a): Yes Sir.

(b): The Private Sector banks employing 20 or more persons are coverable under the EPF & MP Act, 1952.