Saturday, December 7, 2024

EPFO: Ensuring Jobs for young India added 1.2 crore accounts in 2021-22

Despite the Covid-19 pandemic hitting the country for the past two years and the nation has been struggling in terms of jobs. The Employees’ Provident Fund Organisation (EPFO) has recently revealed that the country’s youth is being empowered through numerous jobs.

Employees’ Provident Fund Organisation shared on its Twitter handle and said, “Under the Modi Government, the country’s youth is being empowered through the generation of millions of jobs and creation of a plethora of start-ups.”

The jobs have been created across the country “Ensuring Jobs for Young India.”

  • 3.54 crore new EPFO Subscribers were added between 2017-2022.
  • 1.2 crore new EPFO accounts were added in 2021-2022, despite the pandemic.
  • The Tech start-ups created 23 lakh jobs since 2016: NASSCOM
  • Average hiring activity witnessed 63% growth from 2014-15 to 2021-22: Naukri JobSpeak.

The numbers have been a sign of growth within the country and from the perspective of youth, it is a sign of motivation.

EPFO members can login to the official website of EPFO at epfindia.gov.in for any queries and doubts.

Recently, Employee Provident Fund (EPF) interest rates were confirmed at 8.1% per annum for FY 2021-22, the lowest in four decades.

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