EPFO's Net New Enrolments Up 28 % to 13.36 Lakh in January
3 years, 9 months ago

EPFO's Net New Enrolments Up 28 % to 13.36 Lakh in January

News 18  

Net new enrolments with retirement fund body EPFO grew 27.79 per cent to 13.36 lakh in January compared to the same month in 2020, according to the payroll data released on Saturday, providing a perspective on formal sector employment amid the pandemic. “The provisional payroll data of EPFO published on 20th March, 2021 highlights a growing trend of subscriber base with the addition of 13.36 lakh net subscribers during January 2021,” a labour ministry statement said. The number of net new enrolments in May was also revised downwards to 2,47,991 from 2,19,810 estimated last month and from 1,86,659 estimated in January 2021 and from 1,43,540 estimated in December 2020. The statement said that of the 13.36 lakh net subscribers added during the month of January 2021, around 8.20 lakh new members will receive the benefit of EPFO’s social security schemes for the first time.

History of this topic

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3 months, 2 weeks ago
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1 year ago
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2 years, 4 months ago
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2 years, 5 months ago
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4 years, 4 months ago
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