Government decides to raise EPFO investment in ETF

The Government has decided to raise the Employees Provident Fund ( EPF) investment in Exchange Traded Funds (ETF) from present 5% to 10%. Shri Bandaru Dattatreya, the Minister of State(IC) for Labour and Employment announced that the decision has been taken considering the good returns in ETF.

So let’s discuss some questions related to this post:
1. What is the EPFO and ETF?
2. Who is the Minister of State (IC) for Labour and Employment?
3.  What is the percentage increase in Employees Provident Fund ( EPF) ? 
Source – The Hindu
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