EPF interest credit for FY20: Why the delay?

Employee provident fund (EPF) is one of the most dependable channels for retirement investment for majority of salaried people. However, recently the reports claimed that the EPFO will credit interest rate on your EPF investments in two tranches (8.15 per cent now, and 0.35 per cent by December 31). The confirmation is awaited. This video explains why the delay.