Millennium Post

EPFO trustees’ meet on equity investment proposal on 19 Dec

Retirement fund body EPFO will discuss a proposal to invest a part of its over Rs 6 lakh crore corpus in equities in the meeting of its trustees on 19 December.

"We will deliberate on the issue in the next meeting," said Labour Minister Bandaru Dattatreya, who also heads EPFO's apex decision making body, the Central Board of Trustees(CBT).

According to the agenda circulated for the 205th meeting of the Central Board of Trustees scheduled, the trustees would deliberate on investment challenges in the changed economic scenario. Recently, a section of EPFO had favoured investment of a part of corpus in the equity of profit-making public sector blue chip companies.
Next Story
Share it