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India formal job sector growth: EPFO adds almost 14 lakh members in February

EPFO's latest payroll data reveals a substantial rise of 13.96 lakh net members in February 2023, marking a notable increase in the organized sector workforce in India, especially in the age range of 18-25 years. Furthermore, the data highlights an 8.59% YoY increase, depicting 10.15 lakh members rejoining EPFO. , Economy News, Times Now ....

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EPFO net new enrolments grows 24 per cent to 12.54 lakh in December


EPFO net new enrolments grows 24 per cent to 12.54 lakh in December
PTI
New Delhi |
Updated on
February 20, 2021
Despite Covid-19 pandemic, the EPFO added around 53.70 lakh subscribers during the first three quarters of the current financial year
Net new enrolments with retirement fund body EPFO grew by 24 per cent to 12.54 lakh in December compared to the same month in 2019, according to the payroll data released on Saturday, providing a perspective on formal sector employment amid the coronavirus pandemic.
The Labour Ministry in a statement said that the provisional payroll data of Employees Provident Fund Organisation (EPFO) highlights a positive trend for net subscribers base growth with addition of 12.54 lakh subscribers in December, 2020. ....

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