
Fewer Firms Join EPFO as Job Creation Retreats from FY23 Peak
India’s formal job creation has declined for the second consecutive year, according to revised payroll data released by the Employees’ Provident Fund Organisation (EPFO). In FY25, the EPFO added 12.9 million net new subscribers, down from 13.1 million in FY24 and 13.8 million in FY23. The trend marks a notable retreat from the FY23 peak, […]













