Telangana among top States in EPFO net payroll addition in January
Hyderabad: Telangana and seven other States individually added more than five per cent of the total net payroll of Employees' Provident Fund Organization for January 2025, according to Ministry of Labour and Employment. Further, the year-on-year analysis reveals a growth of 11.67 per cent in net payroll additions compared to January 2024, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives. Further, the net payroll addition for the age group 18 and 25 for January 2025 is approximately 7.27 lakh reflecting an increase of 6.19 per cent compared to the previous month of December 2024 and a growth of 8.15 per cent from the previous year in January 2024. Further, the net female payroll addition during the month stood at around 3.44 lakh reflecting an increase of 13.48 per cent compared to the previous month of December 2024. The State-wise analysis of payroll data denotes that the top five States and Union Territories constitute around 59.98 per cent of net payroll addition, adding a total around 10.73 lakh net payroll during the month.
EPFO registers 14.63 lakh net members in November 2024, nearly 5% YoY increase
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