Current Affairs · Government Schemes and Welfare
In August 2025, India's Employees' Provident Fund Organisation (EPFO) announced changes to the Death Relief Fund. Consider the following statements: 1. EPFO hiked the ex-gratia benefit for deceased Central Board employees to Rs 15 lakh from Rs 8.8 lakh effective April 1, 2025. 2. From April 1, 2026, the amount will rise by 5% annually to tackle inflation. 3. The ex-gratia will be allotted out of the Labour Market Adjustment Fund maintained by the Ministry of Labour & Employment. Which of the statements given above are correct?
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