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The EPFO offers the EDLI scheme to private sector salaried employees. This system works in tandem with the EPF and the Employees' Pension Scheme (EPS).
India is focussing a lot on semiconductor manufacturing. Some MSMEs show why the government should give more impetus to chip designing than inviting foreign fabs.
As part of the collaboration, the Arm Flexible Access for Startups programme will broaden its qualification criteria to welcome applications from startups that qualify under MEITY’s SemiconIndia futureDESIGN DLI scheme
The amount of maximum insurance benefit has been increased from ₹ 6 lakh to ₹ 7 lakh
Provident Fund Update: Now, get a benefit of Rs 7 lakhs with this EPFO scheme - EPFO members don't have to separately sign up for the EDLI scheme. They already become eligible once they become EPFO members.