💨 Abstract

The Employees' Provident Fund Organisation (EPFO) reported a record high of 19.94 lakh new members in July 2024, with 10.52 lakh being first-time employees. This increase signifies a shift in India's employment landscape, attributed to the Modi Government's job creation and formalization initiatives. Notably, youth and women employment are on the rise.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖