The Bangalore Chamber of Industry and Commerce (BCIC) successfully hosted an interactive session with Shri Salil Sankar, Regional Commissioner, Employees’ Provident Fund Organization (EPFO), Bengaluru.

The session brought together representatives from industry, HR leaders and compliance professionals to discuss the EPFO’s recent initiatives focused on simplifying and digitizing compliance processes for employers and employees.

K. Ravi, Senior Vice President, BCIC, said “We at BCIC welcome initiatives that encourage meaningful engagement between the industry and the PF Department. Such dialogues are not just beneficial but they are essential for encouraging trust, clarity and a shared sense of purpose among employers, employees and the department. Given that BCIC represents over 800 large and medium enterprises across Karnataka, we believe our active participation in the Regional Committee under the Employers’ category will add significant value. We look forward to supporting the PF Department in its efforts and contributing constructively to policy discussions and implementation.”

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Shri Salil Sankar says, “Our goal is to ensure that social security systems are not just robust but also accessible and user-friendly. The recent initiatives by the Government for employment Generation, reforms and digital initiatives are steps toward Employment Generation in the country, reducing procedural complexities and enabling faster, transparent and seamless services. Engagements like today’s are important for us to understand ground-level challenges and continuously refine our approach.”

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Saraswathi K, Chairperson, BCIC Expert Committee on Human Resources says, “Provident Fund regulations are one of the key aspects that organizations need to comply with. To enhance ease of managing these, the EPFO has been constantly creating awareness among the stakeholders like employers and employees, simplifying and automating compliance requirements."

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"The recently launched employment linked incentive scheme (PMVBRY) is a great incentive for employers to hire and retain employees. The revamped ECR, which is effective September 2025 is yet another step in this process. The Vishwas scheme, which would help close out on litigation is also expected to be notified soon,” adds Saraswathi.