The Employees' Provident Fund Organisation (EPFO) reported adding 14.60 lakh net subscribers in December 2021. This figure represents a notable increase compared to the same month in the previous year. The data also indicates that the majority of new enrolments came from young individuals aged 18-25, suggesting a strong influx of first-time job seekers into the organised sector. Additionally, states like Maharashtra, Haryana, Gujarat, Tamil Nadu, and Karnataka led in subscriber additions, with 'expert services' being the top contributing industry.
EPFO Payroll data: 14.60 lakh net subscribers added during the month of December, 2021
The provisional payroll data of EPFO released on 20thFebruary 2022 highlights that EPFO has added 14.60 lakh net subscribers during December 2021. Comparison shows an increase of around 2.06 lakh in net payroll additions in December 2021 as compared to 12.54 lakh net subscribers added during the corresponding month previous year. For the month of December 2021, the net subscriber addition has increased by 1
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FAQ :
EPFO added 14.60 lakh net subscribers in December 2021.
This is an increase of around 2.06 lakh net subscribers compared to December 2020, which saw 12.54 lakh additions.
The number of members exiting EPFO has been on a declining trend since July 2021.
The age group of 22-25 years registered the highest number of net enrolments with 3.87 lakh additions in December 2021.
Maharashtra, Haryana, Gujarat, Tamil Nadu, and Karnataka led in adding approximately 8.97 lakh subscribers, accounting for about 61.44% of the total net additions.
Net female payroll addition was approximately 3 lakh, making up about 20.52% of the total net subscribers added in December 2021.