EPFO adds 8.47 lakh subscribers in April-June

Labour and Employment Ministry yesterday said that the subscriber base of Employees' Provident Fund Organization, EPFO has increased by around eight lakh 47 thousand members during the first quarter of this financial year.

 

The COVID-19 pandemic outbreak had adversely affected the enrolments in the month of April and May this year.

 

The Ministry said, despite the lockdown, around 20



thousand new subscribers were added to social security schemes of EPFO in April and one lakh 72 thousand in May this year.

 

The month of June has seen speedy recovery with addition of six lakh 55 thousand net subscribers.

 

The Ministry said, the new subscriber base has increased roughly by 64 per cent from 3.03 lakh in May to 4.98 lakh in June this year.