EPFO has net added 14.65 lakh new members in July. According to the provisional payroll data released by the EPFO on Monday, 14.65 lakh new members were added to the net in July, 2021. The net new enrollment figure in June this year has been reduced to 11.15 lakh. Earlier it was estimated to be 12.83 lakh.
As per the data, EPFO had net added 8.9 lakh new members in April and 6.57 lakh in May. The second wave of the Covid-19 epidemic started from mid-April, after which many states had to impose lockdown restrictions.
The EPFO said these figures are provisional and the updating of employee records is a continuous process. EPFO manages the Social Security Fund of employees in the organized/semi-organized sector.
