EPFO is a government-run social security scheme that aims to promote financial security among all employees, including the poor. Here are some ways in which the EPFO scheme is helping poor people to increase their income and social security:

Provident fund contributions: EPFO mandates provident fund contributions from both employees and employers, which helps employees build a retirement corpus and provides financial security in their old age.

Access to loans: EPFO allows employees to withdraw from their provident fund for various purposes, including buying a house or funding their education, which helps poor people to increase their income and improve their living standards.

Pension benefits: EPFO provides pension benefits to employees, which provides financial security in their old age and helps them to maintain their standard of living.

Social security: EPFO provides social security by ensuring that employees have access to a retirement corpus and are not left financially vulnerable in their old age.

By providing access to loans, pension benefits, and social security, EPFO is helping poor people to increase their income and financial security, which in turn improves their standard of living and promotes economic growth.