More than 14 lakh net members added to EPFO during November 2024

EPFO's provisional payroll data for November 2024 shows a net addition of 14.63 lakh members, a 9.07% increase from October. Notable trends include a rise in new memberships, particularly among the 18-25 age group, and increased female participation. Top states contributing to the net member additions include Maharashtra and Karnataka, with significant growth in industries such as engineering and textiles.

More than 14 lakh net members added to EPFO during November 2024

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EPFO's provisional payroll data for November 2024 shows a net addition of 14.63 lakh members, a 9.07% increase from October. Notable trends include a rise in new memberships, particularly among the 18-25 age group, and increased female participation. Top states contributing to the net member additions include Maharashtra and Karnataka, with significant growth in industries such as engineering and textiles.