EPFO allows availing of advance amidst second COVID wave

Amid the ongoing second wave of COVID-19 pandemic, the Employees' Provident Fund Organisation has allowed its members to avail of second non-refundable COVID-19 advance. In March 2020, when the country was struck with the first wave of the pandemic, the Centre introduced a special provision under the Pradhan Mantri Gareeb Kalyan Yojana. The special provision allowed the EPF members to withdraw money in advance. The same has been extended amidst the second wave of the pandemic to ease out the financial strain caused due to the second wave of the pandemic and the lockdowns which have been put in place thereafter.