Quick Summary
62.49 lakh subscribers added till January during current financial year: Payroll data The provisional payroll data of EPFO published on20thMarch, 2021 highlights a growing trend of subscriber base with the addition of 13.36 lakh net subscribers during the month of January, 2021.Despite COVID-19 pandemic, EPFO added around62.49 lakhsubscribers duringthecurrent financial year. Thedata reflects growth of24% for the month of January, 2021 over December, 2020.Year-on-year comparison of payroll
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FAQ :
EPFO added 13.36 lakh net new subscribers in January 2021.
There was a 24% growth in net subscribers in January 2021 compared to December 2020.
Around 8.20 lakh new members received the benefit of EPFO's social security schemes for the first time in January 2021.
The age bracket of 22-25 years registered substantial growth, with around 3.48 lakh net enrollments.
Computer and IT services, along with Electrical, Mechanical or General Engineering Products categories, registered the highest month-on-month growth of around 40%.
In January 2021, 2.61 lakh net female subscribers were added, showing an increase of approximately 30% over the previous month.
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