Formal job creation hits 4-month high in April: EPFO
The Employees' Provident Fund Organisation (EPFO) added 17.88 lakh members in April.
The Employees' Provident Fund Organisation (EPFO) added 17.88 lakh members in April.
Out of 13.40 lakh members added during the month, around 7.58 lakh new members have come under the ambit of EPFO for the first time.
The country's job crisis is structural and systemic; reliance on high growth and manufacturing has simply not worked.