EPFO adds 12.83 lakh members in June

New Delhi: Retirement fund body EPFO recorded  net new enrolments of 12.83 lakh in June, giving an employment perspective in the country.

The provisional payroll data of EPFO (Employees’ Provident Fund Organisation) released on Friday highlights a growing trend with 12.83 lakh net payroll additions during June 2021, a Labour Ministry statement said. The impact of second wave of Covid-19 waned during June, leading to tremendous growth in net payroll additions as compared to April and May, it



said. 

As compared to May, there was an increase of 5.09 lakh additions in net subscribers in June, it added. Of the total 12.83 lakh net subscribers added in June, around 8.11 lakh have come under the social security coverage of Employees’ Provident Fund scheme for the first time.During the month, around 4.73 lakh net subscribers exited but rejoined EPFO by changing jobs within the establishments covered by EPFO.