India's EPFO reported a 9.07% increase in new members in August 2024, totaling 18.53 lakh, driven by rising employment and outreach; 59.
In August 2024, India's Employees' Provident Fund Organisation (EPFO) reported a 9.07% increase in net new members, totaling 18.53 lakh. This growth is driven by rising employment opportunities and effective outreach. Notably, 59.26% of new members are aged 18-25. Female membership rose by 3.75%, reflecting a more inclusive workforce. The top five states contributed 59.17% of these additions, with Maharashtra leading in new enrollments.
October 20, 2024
16 Articles