August 23, 2024 7:42 PM

1.09 crore new subscribers added in FY24 under EPF scheme

Under the Employees' Provident Funds Scheme, a total of 1.09 crore new EPF subscribers were added during the financial year 2023-24, the Ministry of Statistics and Programme Implementation said on Friday. This data indicates the number of individuals who are making their way into the formal job sector. The government has been releasing the employment related statistics in the formal sector covering the period September 2017 onwards, using information on the number of subscribers who have subsc...