EPFO net member additions up 31% to 18.92 lakh in April 2024
The data reveals that around 887,000 new members enrolled in April 2024, with 55.50% of these new members being in the 18-25 age group.
The data reveals that around 887,000 new members enrolled in April 2024, with 55.50% of these new members being in the 18-25 age group.
Out of 14.86 lakh members added during the month, around 7.77 lakh new members have come under the ambit of EPFO for the first time.
Manufacturing accounted for the highest share in employment among major formal sectors, followed by education, IT/BPOs, health, trade, and transport.