The number of Employees Provident Fund account holders in the country is continuously increasing. According to the information, there has been a huge increase in the number of Employees Provident Fund account holders in the last three years. Looking at last year’s data, it shows that new account holders have joined the provident fund. This information was given by the Ministry of Labor and Employment on Monday.
Number of Employees Provident Fund account holders increased
Let us tell you that 85,48,498 new account holders joined the Employees Provident Fund in 2020-21. Were. The Ministry of Labor and Employment has given this information in response to a question in the Lok Sabha. The ministry said that the number of Employees Provident Fund account holders in the country has increased in the last three years. The Ministry of Labor and Employment has released the data of the last 5 years in the Lok Sabha and told how the number of Employees Provident Fund (EPFO) account holders in the country has been increasing by more than one crore annually for the last three years.
Ministry of Labor and Employment released data in Lok Sabha Are. Similarly, in the year 2022-23, 1,14,98,453 new account holders have joined the Employees Provident Fund. And in the year 2023-24 also, 1,09,93,119 new account holders have joined the Employees Provident Fund. Apart from this, during the first half of the financial year 2024-25, 61,46,445 account holders have newly joined the Employees Provident Fund. Let us tell you that through these figures, the government also said that employment opportunities are continuously increasing in the country. Due to which the number of new account holders in the Employees Provident Fund is increasing.