TAG: social security
EPFO adds 1.93 million more members in June; net additions up 8% YoY
The government’s flagship social security scheme added 1.93 million members in June 2023, a 7.9 percent increase from the previous year, data released by the Employees’ Provident Fund Organisation showed.The EPFO scheme recorded 1.03 million new employees...
1 month ago
Young and restless? Haryana and Tamil Nadu are the best places to work for you
Local youths below 21 years find a better prospect for formal jobs in the manufacturing-driven economies of Haryana and Tamil Nadu, compared to any other large states in the country, according to a Moneycontrol analysis of social security data.On the othe...
1 month ago
Formal employment declines in June; new EPF, ESIC, NPS subscribers fall
Formal employment declined in June after new subscriptions in the formal sector schemes picked up in the previous month, data released on August 23 showed.New subscriptions to the Employees’ Provident Fund (EPF) scheme were down a percent in June from the...
1 month ago
Formal job creation picks up in the first four months of FY25
Formal job creation picked up for the first four months of the FY25, according to data released by the Ministry of Statistics and Programme Implementation on September 25.New subscriptions to all three social security schemes were higher for the first fou...
3 weeks ago