EPFO Reports 16.10 Lakh New Members In February 2025, Female Subscribers Cross 2 Lakh Mark

New Delhi: The Employees’ Provident Fund Organisation (EPFO) on Monday introduced a internet addition of 16.10 lakh contributors in February this yr. The year-on-year research unearths a enlargement of 3.99 in step with cent in internet payroll additions in comparison to the similar month remaining yr, reflecting larger employment alternatives and heightened consciousness of worker advantages, reinforced by means of the EPFO’s efficient outreach tasks, in line with an professional commentary. 

The figures additional confirmed that the EPFO enrolled round 7.39 lakh new subscribers in February 2025, with a dominance of the younger 18-25 age staff. As many as 4.27 lakh new subscribers had been added on this age staff, constituting an important 57.71 in step with cent of the whole new subscribers added within the month. This is in consonance with the sooner pattern, which signifies that most people becoming a member of the organised group of workers are formative years, entering their first jobs.

Further, the online payroll addition for the age staff 18-25 for February 2025 is roughly 6.78 lakh. This represents a enlargement of 3.01 in step with cent from the similar month remaining yr, the commentary mentioned. Approximately 13.18 lakh contributors, who had exited previous, rejoined the EPFO in February 2025. This determine depicts an important 11.85 in step with cent year-over-year enlargement in comparison to February 2024. 

These contributors switched their jobs and re-joined the institutions coated underneath the ambit of the EPFO and opted to switch their accumulations as an alternative of making use of for ultimate agreement, thus safeguarding long-term monetary well-being and lengthening their social safety coverage, the commentary mentioned. Around 2.08 lakhs new feminine subscribers joined EPFO in February 2025. It depicts year-over-year enlargement of 1.26 in step with cent in comparison to the similar month of the former yr.

Further, the online feminine payroll addition all over the month stood at round 3.37 lakh, an important year-over-year enlargement of 9.23 in step with cent in comparison to February 2024. The enlargement in feminine member additions is indicative of a broader shift in opposition to a extra inclusive and numerous group of workers, in line with the commentary.

State-wise research of payroll knowledge denotes that the highest 5 states/Americaconstitute round 59.75 in step with cent of internet payroll addition, including a complete of round 9.62 lakh internet payroll all over the month. 

Of all of the states, Maharashtra leads all of the states with the addition of 20.9 in step with cent of internet payroll all over the month. The states/Americaof Maharashtra, Tamil Nadu, Karnataka, Gujarat, Haryana, Delhi, Telangana, and Uttar Pradesh for my part added greater than 5 in step with cent of the whole internet payroll all over the month.