EPFO: Employees Provident Fund Organization has launched the payroll knowledge for October 2024. Under this, data has been on condition that EPFO has added 13.41 lakh members in October 2024. EPFO has added 7.50 lakh new members in October 2024. The number of new members becoming a member of EPFO is a sign that employment alternatives in the organized sector are growing and consciousness relating to worker advantages can be growing. Along with this, a rise in the number of workers can be being seen by way of the profitable engagement program being run by EPFO.
Good number of new members in the age group of 18 to 25 years.
Of the new members who’ve joined EPFO in October 2025, 58.49 % are workers whose age is between 18 years and 25 years. Their whole number in October was 5.43 lakh members. This is very an extension of the development occurring in EPFO, beneath which it may be seen that a rise is being seen in the number of youth becoming a member of jobs principally for the first time and they’re additionally becoming a member of EPFO.
Rejoining member knowledge
According to payroll knowledge, about 12.90 lakh members took exit from EPFO and after that rejoined EPFO. Compared to October 2023, a rise of 16.23 % might be seen on year-on-year foundation. These members took exit from EPFO whereas altering their jobs and after this, contemplating their worker advantages, they’ve determined to rejoin EPFO.
Know who contributed how a lot to EPFO state clever
If we glance at the state-wise knowledge of EPFO, in October, 61.32 % contribution was from the high 5 states/UTs, which is a complete contribution of 8.22 lakh internet members. In this additionally, the most contribution of 22.18 % has come from Maharashtra. Maharashtra, Karnataka, Tamil Nadu, Delhi, Haryana, Telangana and Gujarat have individually contributed in including 5 % internet members throughout October.
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