{
  "id": 12604347,
  "title": "BJP MP wants max EDLI cover to be ₹10.50 lkh",
  "url": "https://urgent.news/2026/10/07/bjp-mp-wants-max-edli-cover-to-be-10-50-lkh",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-07T10:02:47.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/insure/epf-wage-ceiling-hike-increase-maximum-edli-benefit-to-rs-10-50-lakh-bjp-mp-writes-to-pm-modi-to-increase-insurance/articleshow/134761255.cms"
  },
  "original_language": "en",
  "account": "Rajya Sabha member of the BJP, Ajit Gopchade, has penned a letter addressed to Prime Minister Narendra Modi, proposing an increase in the maximum Employee Deposit Linked Insurance Scheme (EDLI) coverage from Rs 7 lakh to Rs 10.50 lakh. This request comes in the wake of the Employees' Provident Fund (EPF) wage ceiling increase from Rs 15,000 to Rs 25,000, marking a 67% rise. Gopchade further suggests that the government should conduct a thorough financial and actuarial review to determine a proportionate increase in the EDLI maximum benefit. The EDLI scheme serves as a life insurance policy for EPF members, providing a minimum of Rs 2.5 lakh and a maximum of Rs 7 lakh to the nominee upon the death of an EPF member during their employment.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}