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EPFO adds record 20 L net members in May
Hindustan Times Ranchi
|July 22, 2025
Retirement fund body EPFO added all-time high 20.06 lakh net members in May 2025, which includes 9.42 lakh new employees, as per the payroll data released on Monday.
This is 4.79% higher as compared to April 2025 and 2.84% more on year-on-year basis. The May figure marks the highest recorded addition since payroll data tracking began in April 2018, a labour ministry statement said.
Union Minister of Labour & Employment Mansukh Mandaviya said the EPFO’s all-time high net member addition in May 2025 is a testament to the growing strength of India’s formal employment landscape.
“This historic achievement is the direct result of Prime Minister Narendra Modi’s visionary leadership and the government’s unwavering commitment to pro-youth, pro-worker reforms,” he added.
The EPFO enrolled around 9.42 lakh new subscribers in May 2025, representing 11.04% increase over April 2025.
Diese Geschichte stammt aus der July 22, 2025-Ausgabe von Hindustan Times Ranchi.
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