EPFO development. Record photograph
| Photograph Credit score: Niranjan R. Varma
Departure charity frame Staff Provident Capitaltreasury Organisation (EPFO) recorded a internet addition of nineteen.94 lakh contributors in July this day, the Labour Ministry stated on Monday (September 23, 2024).
Union Labour Minister Mansukh Mandaviya stated in a press convention that 10.52 lakh unused or first-time employees subscribed to Social Safety schemes run via the EPFO.
The minister stated virtually 20 lakh internet unused contributors addition (19.94 lakh) have been recorded in July this day. He additionally knowledgeable that 8.77 lakh contributors added in July are within the while workforce of 18-25 years.
Just about 6.25 lakh contributors of ages between 18 and 25 are first-time employees or unused joiners, consistent with the original knowledge. About 59.4% of unused joiners fall inside the 18-25 while bracket. He stated that the knowledge presentations the office of younger society has larger.
He additionally knowledgeable that 4.41 lakh feminine contributors have been added via EPFO in July which incorporates 3.05 lakh unused joinees. The minister identified that feminine office has additionally larger.
Revealed – September 23, 2024 04:19 pm IST
