Tuesday, September 21, 2010

Shri A.D. Nagpal, the man who uncovered "lost" EPF funds

Shri A.D.Nagpal was instrumental for increasing EPF interest to 9.5% for more than 50 million workers. The 77 years old Chandigarh man who is a trade union leader ,a practising socialist and  a close associate of Late Shri Jayprakash Narayan, ferreted out the detail that provided the EPF trust with a fiscal cushion. He unearthed the treasure of a disposable surplus of Rs.1731.57 crores and not Rs. 158 crore, as the trust  officials believed earlier.
Click here to read news from Business Standard

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