EPFO Increases Auto-Settlement Limit for Advance Claims to ₹5 Lakhs

The EPFO has raised the auto-settlement limit for advance claims from ₹1 lakh to ₹5 lakhs, enabling faster access to funds for members. This enhancement aims to provide timely financial support, especially during urgent situations. The auto-settlement process, which began during the COVID-19 pandemic, has seen significant growth, with 2.34 crore claims processed in FY 2024-25 alone. The new limit allows for quicker processing within three days, reflecting the EPFO's commitment to improving service delivery through technology.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link