UID to be used as EPF Number

EPF LogoThough Government did not make UID compulsory but seeing how its course is taking it will soon be indirectly if not said. According to Government, UID now will be used as Employee Provident Fund Number. This will not only increase the number of citizens having UID but tracking an employee might just start based on this. Imagine mentioning your UID in your resumes in 5 years down the lane.

This is the second move of  UID for people after it was planned to introduce it to School Children

According to the officials this process will speed up the transfer of money when an employee switches employer but I do not see how this can be done without actually improving the internal mechanism. For me it took 3 months to get money back to my account when I withdrew it.

About Ashish Mohta

An analyst who writes about undiscovered,unknown and untalked topics for people who want to to know more about India and Indians.