GPF withdrawals

One big grouse which the Government employees have for years at end is the hassle-full withdrawals from their provident fund in times of need.  The basic philosophy of GPF is that a Government employee deposits a small percentage of his salary towards his or her provident fund and the Government contributes equal percentage by way of support to the employee. The amount of provident fund remains with the Government. However, an employee can withdraw a part of the fund as admissible under rules to meet various casual and unexpected expenditures or for education, marriage of ward, house repair or medical treatment etc.
But withdrawal of some amount from the PF is a complicated and time consuming affair. More often than not, employees of subordinate ranks had to obtain the nod from their superiors and the superiors usually harassed them and even at times expected their palms to be grassed. This had given rise to many complaints of corruption and mismanagement. Employees would not get the withdrawals within time. Keeping this in view the Governor has directed the Finance Secretary to ensure that the entire process of withdrawal of GP Fund should shift to the electronic mode so that employees could apply and draw their due amount online.  Finance Secretary has apprised the Governor about the various steps underway to streamline the functioning of the Funds Department and the other wings of the Finance Department. The Governor has accorded sanction to release of 125 crore rupees for the GP Fund head, now there is no case of GP Fund claim pending in any Treasury of the State. Those whose cases were held up for want of funds will heave a sigh of relief. The decision is appreciable and a reflection of good governance.

LEAVE A REPLY

Please enter your comment!
Please enter your name here