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The number of new provident fund subscribers declined from 8,40,372 in December 2022 to January 2023. The Employee Provident Fund Organisation (EPFO) payroll data helps to track job creation.
The annual EPFO data for 2021-22 showed a slowdown in job creation in the formal sector. However, the BJP often cites the monthly data, which is significantly misleading as it's revised several times.
EPFO Nomination Online: First of all, you need to login into the UAN portal using your UAN number and password.
EPFO Members: Of the total 16.82 lakh members added during the month, around 9.34 lakh new members have come under the coverage of EPFO for the first time.
A total of 986,850 people subscribed to employee provident fund during the month of August, an 11 per cent decline in comparison to the previous month.