New portal, software, AI-powered translation: EPFO 3.0 coming soon, Pg1

Key Highlights:

• EPFO 3.0 is set to launch with a new portal and software.
• The revamp includes AI-powered language translation for members.
• The technology architecture will be overhauled to accommodate future expansion.

Detailed Insights:

• The EPFO 3.0 revamp aims to modernize the organization's technology infrastructure.
• The new software is designed to handle expansion over the next decade.
• AI translation tools will provide information in vernacular languages.

Key Concepts Involved:

• EPFO: A statutory body managing mandatory contributory Provident Fund Scheme, Pension Scheme and Insurance Scheme for organized sector employees in India.
• AI: The simulation of human intelligence processes by computer systems.