How many new members were added to the EPFO in August and what is the total count
An overview of the recent additions to the EPFO and the total membership statistics for August.
In August, the Employees' Provident Fund Organisation (EPFO) saw a significant increase in its membership. Here is an overview of the recent additions and total membership statistics:
- The EPFO added 12.76 lakh new members in August, indicating a robust growth in the workforce participating in the provident fund scheme.
- This increase reflects a positive trend in the formalization of employment and the social security coverage provided by EPFO.
- The total count of EPFO members now stands at over 8.86 crores, showcasing the widespread coverage and importance of the organization in safeguarding the financial future of employees.
- This growth is indicative of the improving employment scenario and the increasing awareness about the benefits of EPFO membership among workers.
Answered
6 months ago