The Employees’ Provident Fund Organisation (EPFO) has written to the Centre demanding a higher wage ceiling of Rs.25,000 per month for its social security schemes raising the possibility of more workers being added to the provident fund pool. What is the rationale of this demand?

Question:

The Employees’ Provident Fund Organisation (EPFO) has written to the Centre demanding a higher wage ceiling of Rs.25,000 per month for its social security schemes raising the possibility of more workers being added to the provident fund pool. What is the rationale of this demand?