11th December, 2002
Ministry of Labour & Empowerment  


OUTSTANDING ARREARS WORTH OVER RS.265 CRORE RECOVERED IN EXEMPTED SECTOR


The Employees Provident Fund Organisation (EPFO) has recovered Rs.265.23 crore out of the outstanding arrear demand Rs.648.43 crore in the exempted sector during 2001-2002. Major portion of arrears of exempted establishments amounting to Rs.225.97 crore is in West Bengal. It constitutes 58.92 per cent of the total arrears. Of the 258 defaulting establishments, 131 establishments belong to the private sector accounting for Rs.150.65 crore while 127 such establishments are in the public sector and account for Rs.232.55 crore arrears.

Out of the total arrears in default of Rs.383.20 crore, an amount of Rs. 354.40 crore falls under unrealisable category as the same could not be recovered over the years due to stay by courts, factories/establishments having gone into liquiditation, factories declared sick by the BIFR, etc. The balance of Rs.28.80 crore is realisable through departmental action for which steps have been taken.

 

Realisable

Arrears

Un-realisable

Arrears

Total-Balance

Eexempted Sector (Rs.in crores)

28.80

354.40

383.20

S.No.

Status of Un-realisable Arrears

No. of Cases

Amount involved

(Rs.in crores)

% of Total

a)

Stay by Courts

173

83.76

23.64

b)

Registered under BIFR

506

232.81

65.69

c)

Under Liquidation

18

17.23

4.86

d)

Others

114

20.60

5.81

 

Total

811

354.40

100.00