Impressive Increase in Formal Employment Revealed by Latest EPFO and NPS Data
Monday, 15 July 2024, 06:24
Formal Employment Growth Overview
The latest data from EPFO and NPS showcases a significant increase in formal employment in India, with the addition of over 6.2 crore new subscribers in just 6.5 years.
Positive Trend for Job Creation
The surge in membership numbers signals a promising outlook for the formal job market, indicating a growing and stable economic environment.
- 6.2 crore new subscribers added to EPFO and NPS in 6.5 years
- Positive trajectory for formal employment growth
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.