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HomeJobBig Newz: EPFO subscribers increase 56% in October

Big Newz: EPFO subscribers increase 56% in October

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EPFO: There is an auspicious sign about jobs in the coronary. In the last October, people have got a lot of jobs. This is indicated by the latest data of EPFO. A net 11.55 lakh new people have been registered in the Employees Provident Fund Organization (EPFO) PF Scheme in October. This is 56 percent more than the 7.39 lakh net new registrations in the same month last year. According to PTI news, these figures indicate the status of jobs in the private sector. According to the statement of the Ministry of Labor, the net new entry of people in jobs in October is less than the figure of 14.9 lakh in September this year.




Ministry of Labor released revised figures

According to the news, according to revised data released today by the Ministry of Labor, in April this year, the number of registered people in the EPFO ​​decreased by 1,79,685. The data released in November showed an April fall of 1,49,248.

78.58 lakhs had increased in the year 2019-20, number 78.58 lakhs had increased in the year 2019-20

According to these figures, in the year 2019-20, the number of subscribers of EPFO ​​(Employees Provident Fund Organization) increased by a total of 78.58 lakhs. Similarly, the number of new subscribers showed a net increase of 1.94 crore from September 2017-October 2020. EPFO: Big news for pensioners! Now the exemption of submitting the life certificate till February 28

7.15 lakh new members of EPFO ​​become 7.15 lakh new members of EPFO ​​in October

According to the Labor Ministry, 7.15 lakh new members of the EPFO ​​were formed in October this year and 6.80 lakh members joined it again after leaving the membership. During this time, 2.40 subscribers separated from EPFO. In this way, the net entry was 11.55 lakhs. It also shows that during the severe phase of the Korana virus epidemic and severe public restrictions, many people coming out of jobs are returning to work again. EPFO is releasing jobs data every month from April 2018.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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