The Employee's Provident Fund Organisation (EPFO) of India had started the project 'reinventing EPF India' seven years ago, that was to provide online access of Provident Fund accounts and services to about 4 crore citizens of the country. However after INR 2,500 million having been spent, the UPA government is all set to scrap the project and start all over again.
Siemens Information Systems Limited (SISL) was hired as a consultant in 2001 to implement the project. Originally to be completed in 22 months, the project was slightly behind schedule by May 2004. However after 66 months the project was completely derailed due to problems on both the software front as well as on EPFO's front, according to the Gupta sub-committee- that was set up to monitor the progress of the project. The sub-committee has now proposed a step-by-step modernisation approach involving all 112 EPF offices simultaneously with the help of the government's National Informatics Centre (NIC).