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EPFO Records Net Addition of 14.58 Lakh Members in March 2025
The Business Guardian
|May 22, 2025
Employees' Provident Fund Organisation (EPFO) has added 14.58 lakh new members in March.
The year-on-year analysis reveals an increase of 1.15 per cent in net payroll additions compared to March 2024.
The Ministry of Labour and Employment said in a statement Wednesday that this year-on-year increase in enrollments signifies increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO's effective outreach initiatives.
EPFO enrolled around 7.54 lakh new subscribers in March 2025, representing a 2.03 per cent increase over February 2025 and 0.98 per cent year-over-year growth compared to the previous year in March 2024.
The ministry said that this growth in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful outreach programs.
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