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Podcast: Moneylife News Bites
Episode: Rs2 lakh crore+ Lies Unclaimed! Is it yours?
Description: This audio by Sucheta Dalal delves into the staggering amounts of unclaimed money sitting in various government accounts, including EPF, ESIC, and small savings schemes. With over βΉ2 lakh crore already identified, and estimates suggesting this figure is growing rapidly, she explores how these funds remain trapped in bureaucratic inefficiencies, poor reporting, and a lack of accountability. She discusses the need for a legal framework to reunite this money with its rightful owners and urges for better utilization of these funds to address national priorities like healthcare and senior welfare. Watch now to learn about this hidden wealth and why itβs cr...