EPFO reported a record monthly payroll addition of 19.94 lakh in July 2024, showcasing the impact of government initiatives on job creation.
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The EPFO data indicates that of the new additions, 10.52 lakh are first-time employees, marking a 2.66 per cent increase over June 2024 and a 2.43 per cent rise compared to July 2023.
EPFO reported a record monthly payroll addition of 19.94 lakh in July 2024, showcasing the impact of government initiatives on job creation.
In total, 4.41 lakh net female members were added, marking the highest monthly addition for women since payroll tracking began, with a 14.41% increase...
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