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India’s EPFO added 1.88 million new members in September, showing a 9.33% rise year-over-year.
The Employees' Provident Fund Organisation (EPFO) in India added 18.81 lakh new members in September 2024, marking a 9.33% year-on-year growth.
This increase is due to better employment opportunities and heightened awareness of employee benefits.
The 18-25 age group accounted for 59.95% of new members, and there was a notable rise in female members.
Maharashtra led in new member additions, followed by other major states.
About 41.69% of new members came from expert services like manpower suppliers and contractors.
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El EPFO de la India agregó 1,88 millones de nuevos miembros en septiembre, lo que muestra un aumento del 9,33% año tras año.