Govt considering to allow EPFO to buy more stocks: Bandaru Dattatreya

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New Delhi: India is considering to allow the state-run social security and pension fund Employees’ Provident Fund Organisation (EPFO) to invest more in equity markets, labour minister Bandaru Dattatreya said on Thursday.

Dattatreya said the government was examining a proposal to let the EPFO invest 15% of its corpus via exchange traded funds compared with 10% at present.