Despite the Covid epidemic, EPFO has added 69.58 lakh subscribers in the fiscal year 2020-21. During the fiscal year 2019-20, 78.58 lakh new subscribers were added, which was 61.12 lakh in the previous year.
New Delhi: During the epidemic spread across the country, where millions of people have lost their jobs. At the same time, a good news has also come out that in February, 12.37 lakh people got employment. The Employees Provident Fund Organization (EPFO) has given information about this on Tuesday. EPFO said that 20% new subscribers were added in February (February 2020) as compared to the previous year.
According to the Labor Ministry statement, according to EPFO data on provisional payroll (employees hired on regular pay), there are 12.37 lakh additional subscribers in February 2021. There has been an increase of 3.52 per cent in the number of subscribers in February as compared to January, 2021.
Labor Ministry gave the information,
Labor Ministry gave further information that on a year-to-year basis, the payroll figures have increased by 19.63 percent in February 2021 as compared to February 2020. Out of the 12.37 lakh subscribers added during the month of February 2021, 7.56 lakh new members have come under the social security net of the EPFO for the first time. At the same time, in January, the number of new jobs was 11.95 lakhs.
Despite the Kovid epidemic, EPFO has added 69.58 lakh subscribers in the fiscal year 2020-21. During the fiscal year 2019-20, 78.58 lakh new subscribers were added, which was 61.12 lakh in the previous year.
4.81 lakh people have transferred PF,
apart from this, let us tell you that 4.81 lakh customers have gone out of the purview of the scheme. But these people changed their jobs to work in other companies and have transferred the PF deposit amount there. These people have opted to continue withdrawing money from EPFO account instead.
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