FinanceAsianet Newsable
Govt won't use unclaimed LIC, EPFO funds for other purposes: Minister
in5points
Government clarified it will not use unclaimed LIC and EPFO funds for other purposes.
Unclaimed LIC funds amount to Rs 7,318.50 crore.
Inoperative EPFO accounts hold Rs 9,330.56 crore.
Funds will be managed through existing mechanisms.
Efforts are underway to trace beneficiaries for the unclaimed funds.
Story angle
Center-right
L
CL
C
CR
R
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Asianet Newsable
Center-right
Mixed factuality
Who owns this?
Asianet News Network
Rajeev Chandrasekhar / Jupiter Capital interests historically