India's EPFO added 1.34 million members in October, marking a rise in employment and benefit awareness.

The Employees' Provident Fund Organisation (EPFO) in India added 1.34 million new members in October, reflecting increased employment and higher awareness of benefits, especially among the 18-25 age group. About 1.29 million members exited and rejoined, showing a 16.23% year-over-year increase. Female membership grew by 2.12%. Maharashtra led in new member additions, accounting for 22.18% of the total. The growth was seen in sectors like road transport, electronic media, and banking.

December 25, 2024
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