Labour Min: EPFO Investing In Equities Aimed At Getting Maximum Returns For Workers

2015-08-07 1

In a move that would indirectly expose almost all salaried people to the equity market, the Employee Provident Fund Organisation has started investing in equities. Labour Minister - Bandaru Dattatreya told ET NOW that the objective of the investment is to ensure that workers get maximum returns.This is a first for the pension fund that has been equity-shy and risk free for the 64 years of its existence. Listen in to the man himself.