Laghu Udyog Bharati Participates in the 237th Central Board of Trustees (CBT) Meeting of EPFO
Laghu Udyog Bharati (LUB) actively participated in the 237th meeting of the Central Board of Trustees (CBT), Employees' Provident Fund Organisation (EPFO), which was chaired by Dr. Mansukh Mandaviya, Honourable Minister for Labour and Employment. This crucial meeting focused on key policy decisions aimed at enhancing the welfare of employees and strengthening the financial security of workers under the EPFO framework.
During the meeting, the CBT approved several important measures, including enhancements in insurance benefits under the Employees' Deposit Linked Insurance (EDLI) Scheme. This revision aims to provide greater financial security and support to the families of employees in case of unforeseen circumstances. The decision aligns with the government's commitment to safeguarding the interests of the workforce, ensuring a robust social security system for employees across industries.
As a representative of Micro, Small, and Medium Enterprises (MSMEs), Laghu Udyog Bharati actively voiced the concerns of small-scale industries and their workforce, advocating for policies that facilitate sustainable employment and social security benefits. The participation of LUB in this high-level discussion underscores its dedication to supporting employee welfare, enhancing industrial growth, and ensuring compliance with evolving labour laws while addressing the challenges faced by MSMEs in India.
The meeting reaffirmed the role of EPFO in strengthening the social security landscape and highlighted the ongoing efforts to streamline processes, enhance benefits, and expand coverage for employees. Laghu Udyog Bharati remains committed to working alongside policymakers to ensure that the MSME sector continues to thrive while upholding employee rights and welfare.
