EPFO net new enrolments grows 24pc to 12.54 lakh in Dec ...Middle East

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Net new enrolments with retirement fund body EPFO grew by 24 per cent to 12.54 lakh in December compared to the same month in 2019, according to the payroll data released on Saturday, providing a perspective on formal sector employment amid the coronavirus pandemic. The Labour Ministry in a statement said that the provisional payroll data of Employees' Provident Fund Organisation (EPFO) highlights a positive trend for net subscribers base growth with addition of 12.54 lakh subscribers in December, 2020.

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