EPFO adds 1.91 mn in April; youth, rejoiners, women boost numbers

The Employee Provident Fund Organisation (EPFO) witnessed a significant uptick in net additions, reaching 1.91 million in April 2025. This represents a 1.17 percent increase compared to the same period last year. The surge is largely attributed to a rise in new youth subscribers, individuals rejoining the workforce, and an increasing number of women entering the employment sector. The influx of young subscribers highlights a growing trend of early career professionals securing their financial futures through provident fund contributions. Additionally, the data indicates a positive shift in employment dynamics, with many individuals who had previously exited the workforce now re-entering, contributing to the overall growth in EPFO memberships. Women have also played a crucial role in bolstering these numbers, reflecting broader societal changes and efforts to enhance female participation in the workforce. This trend not only underscores the importance of gender diversity in the workplace but also signals a promising trajectory for sustained economic growth as more women engage in formal employment.

— Authored by Next24 Live