Net Subscribers Under EPFO Increased By 13.7% in April 2021 Over Previous Month

INSUBCONTINENT EXCLUSIVE:
EPFO provisional payroll data for April 2021 showed that subscribers had increased over MarchDuring April 2021, when the second wave of the
subscribers, 13.7 per cent more than March 2021, when 11.22 net subscribers had been added to the payroll.According to the provisional
subscribers as compared to March, 2021.Of the 12.76 lakh net subscribers added during April, around 6.89 lakh new members have come into the
social security coverage of EPFO for the first time
and choose to retain membership through transfer of funds rather than opting for final settlement.As per the age-wise comparison of payroll,
the month of April, 2021.This was followed by the age-group of 29 years to 35 years with around 2.72 lakh net enrollments
of Maharashtra, Haryana, Gujarat, Tamil Nadu and Karnataka, led in terms of adding approximately 7.58 lakh subscribers during the month,
which was at 2.42 lakh during March, 2021.In addition to this, number of female subscribers who have come under the ambit of EPFO for the
first time, also increased to 1.90 lakh in April, 2021 from 1.84 lakh in March, 2021.