Age-wise analysis indicates that during December 2020 also, the age-bracket of 22-25 has registered substantial growth in subscriber base with around 3.36 lakh net enrollments
EPFO: Net new enrolments rise by 24% to 12.54 lakh in December
SECTIONS
Share
Synopsis
The provisional payroll data of EPFO, released on Saturday, highlights a positive trend for net subscribers base growth with addition of 12.54 lakh subscribers in December, 2020, the labour ministry said in a statement.
Getty Images
Net new enrolments under the retirement fund body Employees Provident Fund Organisation grew by 24% to 12.54 lakh in December compared to the same month in 2019, providing a perspective on formal sector employment amid the coronavirus pandemic.
The provisional payroll data of EPFO, released on Saturday, highlights a positive trend for net subscribers base growth with addition of 12.54 lakh subscribers in December, 2020, the labour ministry said in a statement.
Background
In an important and perhaps a much-needed move, the
Employees Provident Fund Organisation (EPFO) has launched an
electronic facility for principal employers (i.e., establishments
engaging contract labour through contractors / manpower service
providers) whereby they may be able to verify compliance by their
contractors with the Employees Provident Funds and
Miscellaneous Provisions Act, 1952 (EPF Act) vis-à-vis the
contract labour. By way of its circular dated 1 February 2021, the
EPFO has directed the regional officials to take cognizance of the
facility and conduct webinars with major establishments engaging
contract labour to ensure adequate dissemination of information
about the facility.
Towards a facilitative regime
EPFO Latest Update: Electronic facility launched for principal employers, check details
According to the details provided by the EPFO, the Principal Employers (PE) who are not registered with the organisation can register on the portal. The EPFO took to Twitter to inform all the concerned about this facility for the Principal employers. (File image)
Share
Updated: Feb 4, 2021, 03:36 PM IST
In big news for employers and contract workers, the Employees Provident Fund Organisation (EPFO) has made a major announcement. The EPFO has launched an electronic facility for principal employers, which makes it easier for them to view the EPF compliances of their contractors.
PM Modi to Indian diaspora: My govt s mantra is reform, perform and transform; we are aiming economic integration with GST
PM Modi to Indian diaspora: My govt s mantra is reform, perform and transform; we are aiming economic integration with GST
Modi Also Visited Israeli Museum For Exhibition On Indian Jewish Heritage.
News Nation Bureau | Edited By : Vikas Mehta | Updated on: 06 Jul 2017, 12:11:41 AM
New Delhi:
Prime Minister Narendra Modi on Wednesday met three Pravasi Bharatiya Samman Awardees from Israel. Modi also visited Israeli Museum for Exhibition on Indian Jewish Heritage.
Several Cultural programmes were organised at Tel Aviv Convention Center. Bollywood singer Sukhwinder Singh performed ahead of Modi s address.