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India reports rise in formal jobs
Mint Bangalore
|July 24, 2025
Formal jobs and self-employment are on the rise in India while the youth unemployment is below the global average, the statistics ministry said on Wednesday.
The ministry stated that formal employment is rising steadily, with nearly 13 million net subscribers for provident fund getting added in FY25 under the Employees Provident Fund Organisation (EPFO), more than double the number in FY19.
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