AS PER THE STATEMENT BY LABOUR AND EMPLOYMENT MINISTRY THE EPFO SOCIAL SECURITY AMBIT HAS INCREASED IT'S SUBSCRIPTION DURING 2020-21 AROUND 20 PERCENT.
SOCIAL SECURITY AMBIT BY EPFO :-- The provisional pay roll data of the employees provident fund collection showed increase by the funding for retirement subscription during the financial year 2020-21 .The members are coming and joining the social security ambit of EPFO as per statement released by the ministry of labour and employment even rejoining the EPFO social security ambit by changing their jobs and establishment for which the subscribers are opting to continue their membership with the EPFO by transferring their funds from previous job to the current account number instead of the final withdrawal. As per state wise comparison of the establishment the Maharashtra, Haryana, Gujarat, Tamilnadu and Karnataka are ahead from the others and Gender wise analysis collected from the pay rolls shows that the female enrolment was more than the males and the young age group of 22-25 years registered are highest in number .Where as the Industry wise data indicates that the expert services categories consisting of manpower agencies, private security services, small contractors are contributing better noted as in the Industries like trading commercial establishments , Engineering department and the production related to building infrastructure, textiles, garments manufacturing hospitals and the financial establishments are doing better contribution to the EPFO .
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