The EPFO 3.0 initiative, set for discussion in October, may allow partial PF withdrawals via ATMs and UPI, offering banking-like convenience to 80 million subscribers. A proposal to hike the minimum monthly pension from ₹1,000 to ₹1,500-₹2,500will also be reviewed. While seen as a Diwali gift for members, trade unions remain cautious about its long-term impact.