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- EPFO recorded the highest number of net members in July.
- Employees Provident Fund Organisation (EPFO) added a record 19.94 lakh net members in July 2024.
- It is the highest recorded increase since payroll data tracking began in April 2018.
- The net member enrolment under EPFO was 16.70 lakh in June 2024.
- The youth group (18-25 age group) recorded the highest-ever net payroll additions at 8.77 lakh.
- Around 3.05 lakh new female members joined EPFO in July 2024.
- In July 2024, Maharashtra, Karnataka, Tamil Nadu, Haryana, and Gujarat’s share was 59.27 per cent of the total net member additions.
- Maharashtra led among the States/UTs with a contribution of 20.21 per cent of the total new members.
- 38.91 per cent of net additions came from expert services.
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