Which charter is an attempt to bring accountability and transparency in EPFO functioning?

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Navy Tradesman Mate Official Paper (Held In: 03 Feb, 2024)
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  1. EPFO Charter 2017
  2. Pension Fund Charter 2017
  3. Citizens Charter 2017
  4. None of these

Answer (Detailed Solution Below)

Option 3 : Citizens Charter 2017
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Detailed Solution

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The correct answer is Citizens Charter 2017

Key Points

  • The Citizens Charter 2017 is an initiative aimed at improving accountability and transparency in the functioning of the Employees' Provident Fund Organisation (EPFO).
  • It outlines the rights and responsibilities of the citizens, and the standards of service that the EPFO aims to provide.
  • The Charter is a commitment to the stakeholders, ensuring timely and efficient service delivery.

Additional Information

  • The Employees' Provident Fund Organisation (EPFO) is one of the world's largest social security organizations in terms of clientele and the volume of financial transactions undertaken.
  • The EPFO administers a compulsory contributory Provident Fund Scheme, Pension Scheme, and an Insurance Scheme for the workforce engaged in the organized sector in India.
  • The Citizens Charter 2017 aims to improve the quality of services provided to the stakeholders, ensuring their satisfaction and trust in the EPFO.
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