SME Times is powered by   
Search News
Just in:   • Nifty, Sensex dip nearly 0.75 pc this week amid geopolitical tensions  • Rashmi Enterprises: Smart, durable storage solutions for efficient, organized spaces.  • We deliver durable, precision-engineered plastic solutions for modern industry.: Rakesh Maru  • India's logistics cost to drop to 9 pc over robust road infra: Nitin Gadkari  • Iranians pledge allegiance to new Supreme Leader at mass rallies 
Last updated: 21 Aug, 2025  

epfo.jpg EPFO records all-time high addition of 21.89 lakh net members during June

epfo.jpg
   Top Stories
» Nifty, Sensex dip nearly 0.75 pc this week amid geopolitical tensions
» Rupee slips past 95 against US dollar amid crude spike
» NITI Aayog launches roadmap for next phase of India’s Digital Public Infrastructure journey
» Indian stock markets trade lower amid US-Iran tensions, surging crude
» Sensex, Nifty trade higher in early session on global optimism
IANS | 20 Aug, 2025

The Employees' Provident Fund Organisation (EPFO) recorded a net addition of 21.89 lakh members in June this year, marking the highest ever increase since payroll data tracking began in April 2018, according to an official statement issued on Wednesday.

The figure depicts an increase of 9.14 per cent in net payroll additions during June as compared to the previous month of May. Further, the year-on-year analysis reveals a growth of 13.46 per cent in net payroll additions in June compared to the same month of the previous year, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by the EPFO’s effective outreach initiatives.

The EPFO enrolled around 10.62 lakh new subscribers in June this year, representing a 12.68 per cent jump over May and a growth of 3.61 per cent compared to June 2024, reflecting the rise in job opportunities.

A noticeable aspect of the data is the dominance of the 18-25 age group. The EPFO added 6.39 lakh new subscribers in the 18-25 age group, constituting a significant 60.22 per cent of the total new subscribers added in June. New subscribers in the 18-25 age group added in the month show an increase of 14.08 per cent compared to the previous month of May.

Further, the net payroll addition for the age group 18-25 for June 2025 is approximately 9.72 lakh, reflecting an increase of 11.41 per cent from the previous month and a growth of 12.15 per cent compared to June last year. This is in consonance with the earlier trend, which indicates that most individuals joining the organised workforce are youth, primarily first-time job seekers.

Approximately 16.93 lakh members, who had exited earlier, rejoined the EPFO in June this year. This figure depicts a 5.09 per cent increase over May. It also displays a significant 19.65 per cent year-over-year growth compared to June 2024. These members switched their jobs and re-joined the establishments covered under the ambit of EPFO and opted to transfer their accumulations instead of applying for final settlement, thus safeguarding long-term financial well-being and extending their social security protection, according to the official statement.

Around 3.02 lakhs new female subscribers joined the EPFO in June this year, which represents a 14.92 per cent increase compared to the previous month. It also depicts year-over-year growth of 1.34 per cent compared to June last year.

Further, the net female payroll addition during the month stood at around 4.72 lakh, with a month-on-month increase of 11.11 per cent compared to May and a significant year-over-year growth of 10.29 per cent compared to June 2024. The growth in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce, the statement added.

 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹94.25
₹92.55
UK Pound
₹125.95
₹121.95
Euro
₹108.95
₹105.3
Japanese Yen ₹59.4 ₹57.6
As on 02 Apr, 2026
  Daily Poll
What is the biggest war impact on MSMEs?
 Export Disruption
 Raw Material Spike
 Freight Cost Surge
 Payment Delays
 Currency Volatility
 All
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter