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1.09 CRORE NEW EPF SUBSCRIBERS ADDED IN FY 2023-24

The Business Guardian

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August 24, 2024

The Ministry of Statistics and Programme Implementation reported that 1.09 crore new EPF subscribers were added in FY 2023-24, highlighting growth in the formal job sector.

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1.09 CRORE NEW EPF SUBSCRIBERS ADDED IN FY 2023-24

Under the Employees' Provident Funds Scheme, a total of 1.09 crore new EPF subscribers were added during the financial year 2023-24, the Ministry of Statistics and Programme Implementation said on Friday.This data indicates the number of individuals who are making their way into the formal job sector. The government has been releasing the employment related statistics in the formal sector covering the period September 2017 onwards, using information on the n

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