The Employees' Provident Fund Organisation (EPFO) is planning to hire two consultants to manage its debt and equity portfolios, thereby reducing its dependence on a sole consultant. A high-level committee will be formed to recommend the division of work. EPFO manages over INR 18 lakh crore in investments, which rises by over INR 1.5 lakh crore yearly with a subscriber base of 6 crore.
