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EPFO Enrolled Approximately 7.50 Lakh New Members in October 2024
The Daily Guardian
|December 26, 2024
The Employees' Provident Fund Organisation (EPFO) recorded a net addition of 13.41 lakh members in October, according to data released by the Ministry of Labour and Employment.
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EPFO enrolled approximately 7.50 lakh new members in October 2024. This rise in new memberships can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful outreach programmes.
A significant highlight of the data is the dominance of the 18-25 age group, which accounts for 58.49 per cent of the total new members added during October 2024.
This story is from the December 26, 2024 edition of The Daily Guardian.
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