<span style="color: #222222;">Labour and Employment Ministry has said that Employees' Provident Fund Organization, &nbsp;EPFO has added over 10 lakh net subscribers in August this year.<br />''<br />''The Ministry said, the provisional payroll data published by EPFO today has revealed that the subscriber base of EPFO increased by around 20 lakh during the first five months of this fiscal.<br />''<br />''The Ministry said, during July 2020 around 7.49 lakh net new subscribers were added which is approximately 64 per cent of the net additions made during the corresponding month of previous year.<br />''<br />''The Ministry said, Covid-19 pandemic and subsequent lockdown across the country had adversely affected the enrollments during the first quarter of the current financial year.<br />''<br />''However, the provisional payroll figures for the month of July and August 2020 are indicative of the slow dissipation of the negative impact of the COVID-19 and gradual recovery to pre-Covid levels.</span><br />
News On AIR | October 20, 2020 8:39 PM
EPFO adds over 10 lakh net subscribers in August 2020: Labour & Employment Ministry