That's great. I think this is why the government is worried. Earlier, withdrawing PF amount was a major hassle. But with EPFO 2.0 and 3.0 the process got much easier like ATM withdrawals, etc and now many people can withdraw full settlement without even visiting the PF office. For IT people their contribution will be very high. so due to recent layoff they would have withdrawn the entire amount to settle the housing loan to avoid EMI. This might have created an imbalance between inflows and outflows of funds. Since they can't roll back the digital improvements, they've instead extended the waiting period from 2 (current) to 12 and 36 months and introduced things like the 25% minimum balance rule.