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EPFO February payroll data: 15 48 lakh net members added, over 50% of new members in 18-25 years age group

EPFO February payroll data: Gender-wise analysis of payroll data shows that out of 7.78 lakh new members, around 2.05 lakh are women. Also, the net female member addition during the month stood at around 3.08 lakh.

India News | EPFO Adds 15 48 Lakh Net Members During February 2024

India News | EPFO Adds 15 48 Lakh Net Members During February 2024
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EPFO adds 13 95 lakh net members during November 2023

EPFO adds 13 95 lakh net members during November 2023
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EPFO adds 13 95 lakh net members during November 2023

EPFO added 13.95 lakh net members in November 2023, with a higher cumulative net addition during the current financial year compared to the previous year. Majority of new members joining the organized sector workforce are youth, with the 18-25 age group constituting 57.30%. Gender-wise analysis shows a growing participation of female employees, with 20.05% net female members. Maharashtra, Tamil Nadu, Karnataka, Haryana, and Delhi have the highest net member addition.

EPFO adds 13 95 lakh net members during November 2023

State-wise analysis of payroll data denotes that net member addition is highest in the five states/Union Territories of Maharashtra, Tamil Nadu, Karnataka, Haryana, and Delhi.

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