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India's EPFO Gains 2 Million New Members in May

7/22/2025

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Summary

Story summary

In May 2025, India's Employees' Provident Fund Organisation (EPFO) celebrated a remarkable milestone, adding 2 million new members—the highest since April 2018. This surge, marking a 4.79% monthly increase and a 2.84% annual rise, highlights a thriving job market, with young workers aged 18-25 making up nearly 60% of new enrolments.

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Story summary

In May 2025, India's Employees' Provident Fund Organisation (EPFO) celebrated a remarkable milestone, adding 2 million new members—the highest since April 2018. This surge, marking a 4.79% monthly increase and a 2.84% annual rise, highlights a thriving job market, with young workers aged 18-25 making up nearly 60% of new enrolments.