The EPFO saw a significant rise in new women subscribers, recording 28.7 lakh additions in FY23 compared to 15.9 lakh in 2019-20, indicating increased formal job creation despite the pandemic. Minister Rameshwar Teli highlighted this as an indicator of job market formalization. Female unemployment dropped to 2.9%, improving from 4.2% in 2019-20, as per PLFS data. Initiatives like extended maternity leave and safety measures aim to provide equal opportunities and a safer work environment for women.
BS Retirement fund body Employees' Provident Fund Organisation (EPFO ) has invested Rs 27,105 crore in exchange-traded funds (ETFs) during the current fiscal till October, Parliament was informed on Monday. EPFO had invested Rs 53,081 crore in the ETFs during the fiscal 2022-23, higher than Rs 43,568 crore in 2021-22, Minister of State for Labour…
EPFO had invested Rs 53,081 crore in the ETFs during the fiscal 2022-23, higher than Rs 43,568 crore in 2021-22, Minister of State for Labour and Employment Rameshwar Teli said in a written reply to the Lok Sabha. The reply showed that the EPFO has invested Rs 27,105 crore in the ETFs so far in the current fiscal 2023-24 till October 2023.
Minister of State for Labour and Employment Rameshwar Teli says EPFO invested Rs 53,081 crore in the ETFs during the fiscal 2022-23, higher than Rs 43,568 crore in 2021-22