Administrative Oversight.

• The Ministry of Labour and Employment is the nodal ministry for the EPF scheme.
  
• It provides policy direction and administrative supervision to the Employees’ Provident Fund Organisation (EPFO).
  
• The Ministry ensures the implementation of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952.
  
• It reviews operational efficiency and regulatory compliance of EPFO.
  
• It monitors service delivery standards for EPF members across the country.
  

Framing Rules and Notifications.

• The Ministry is responsible for drafting and issuing amendments to the EPF Act and related schemes.
  
• It releases official notifications related to contribution rates, wage ceilings, and coverage norms.
  
• It updates definitions and rules in line with economic and legal developments.
  
• All statutory changes under EPF require approval and publication by the Ministry.
  
• It ensures that the rules align with the welfare objectives of social security.
  

Supervision of the Central Board of Trustees (CBT).

• The Ministry chairs the Central Board of Trustees, the governing body of EPFO.
  
• The CBT includes representatives from employers, employees, and the government.
  
• It supervises investment decisions, policy formulation, and benefit structures.
  
• The Ministry approves the interest rate recommendations of the CBT.
  
• It ensures that board decisions are implemented in the best interest of EPF subscribers.
  

Coordination with Other Government Departments.

• The Ministry coordinates with the Ministry of Finance on fund investment policies.
  
• It liaises with the Income Tax Department for tax treatment of EPF transactions.
  
• It works with state labour departments for regional compliance.
  
• It supports policy integration between EPF and other social security schemes.
  
• Inter-departmental collaboration ensures smooth functioning of the EPF system.
  

Monitoring Reforms and Digital Initiatives.

• The Ministry drives reforms in EPFO for improved transparency and efficiency.
  
• It oversees digitization of services such as UAN, claim processing, and grievance redressal.
  
• It ensures that EPF remains aligned with evolving labour market conditions.
  
• It supports automation, e-governance, and online compliance tools.
  

The Ministry ensures inclusion of new workforce segments under EPF coverage.