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  • Provisional payroll of EPFO reveals, it has added around 10.11 lakh net subscribers in November last year

    Published on January 21, 2021

    The provisional payroll of EPFO released today revealed that it has added around 10.11 lakh net subscribers in November last year. Despite the COVID9 pandemic, EPFO has added around 45.29 lakh net subscribers base in the current financial year.

    Age-wise analysis indicates that during November 2020, the age-bracket of 22-25 has registered the highest growth in subscriber base with around 2.72 lakh net enrollments. This was followed by the 18-21 age-bracket with around 2.21 lakh net enrollments. 

    The 18-25 age-group members can be considered as fresh hands in the labour market and have contributed roughly 49 per cent of the new subscriber additions for November, 2020.