EPFO News: Good news about employment, 14.6 lakh new subscribers joined EPFO ​​in December

EPFO News: Good news about employment, 14.6 lakh new subscribers joined EPFO ​​in December

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new Delhi. Good news has come about employment in the country. In December last year, 14.6 lakh new subscribers have joined EPFO. A large number of first time job seekers are joining the organized sector workforce. In fact, retirement fund body Employee Provident Fund Organization (EPFO) added 14.6 lakh subscribers on an actual basis in December 2021, which is 16.4 per cent more than the same period a year ago.

19.98 percent increase in the number of subscribers compared to November
Provisional data released by EPFO ​​on Sunday shows that EPFO ​​had added 12.54 lakh subscribers on actual basis during December 2020. The Labor Ministry said in its statement that there was an increase of 19.98 percent in the number of subscribers on a real basis in December 2021 as compared to November 2021.


The provisional estimates of 13.95 lakhs released in January 2021 were revised to 12.17 lakhs for the actual subscribers created in the month of November. Out of the total 14.60 lakh subscribers added on actual basis in December 2021, 9.11 lakh new subscribers have been registered for the first time under the EPF and MP Act, 1952.

Also read- EPFO: Will be decided on PF interest rate next month, will interest be available on inactive PF account too, know the rules

The statement said that the number of subscribers exiting EPFO ​​has been declining since July 2021. According to the data, maximum registration took place in the age group of 22-25 years. In December 2021, women accounted for about 20.52 percent of the total subscribers added on an actual basis.

Tags: Epfo, EPFO subscribers



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