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EPFO adds 17.89 lakh members in January; female members spike by 13.48%

The Employees’ Provident Fund Organisation (EPFO) on Thursday released provisional payroll data for January 2025, revealing a net addition of 17.89 lakh members.

EPFO adds 17.89 lakh members in January; female members spike by 13.48%

[Photo: Twitter/@socialepfo]

The Employees’ Provident Fund Organisation (EPFO) on Thursday released provisional payroll data for January 2025, revealing a net addition of 17.89 lakh members.

This marked an increase of 11.48% in net payroll addition in January as compared to December 2024.

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Furthermore, the year-on-year analysis reveals a growth of 11.67% in net payroll additions compared to January 2024, signifying increased employment opportunities and heightened awareness of employee benefits, bolstered by EPFO’s effective outreach initiatives.

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New subscribers enrolled in January was around 8.23 lakh showing YoY growth of 1.87%.

“This growth in new subscribers can be attributed to growing employment opportunities, increased awareness of employee benefits, and EPFO’s successful outreach programmes,” the Ministry of Labour & Employment said.

Of the total new subscribers added in January, around 2.17 lakhs are new female subscribers exhibiting a significant year-over-year growth of 6.01%.

Furthermore, the net female payroll addition during January stood at around 3.44 lakh, reflecting an increase of 13.48% compared to December.

It also depicts a significant year-over-year growth of 13.58% compared to January 2024.

State-wise analysis of payroll data denotes that the top five states/UTs constitute around 59.98 per cent of net payroll addition, adding a total of around 10.73 lakh net payroll during the month.

Of all the states, Maharashtra is leading by adding 22.77 per cent of net payroll during the month. The states/UTs of Maharashtra, Karnataka, Tamil Nadu, Gujarat, Haryana, Delhi, Uttar Pradesh, and Telangana individually added more than 5 per cent of the total net payroll during the month.

A noticeable aspect of the data is the dominance of the 18-25 age group, with 4.70 lakh new subscribers added in the 18-25 age group, constituting a significant 57.07% of the total new subscribers added in January 2025.

New subscribers in the 18-25 age group added in the month show a growth of 3.07% from the previous year in January 2024.

The net payroll addition for the age group 18-25 for January 2025 is approximately 7.27 lakh, reflecting an increase of 6.19% compared to the previous month of December 2024 and a growth of 8.15% from the previous year in January 2024.

In terms of the industry, of the total net payroll addition, around 39.86% addition is from expert services consisting of manpower suppliers, normal contractors, security services, miscellaneous activities, etc.

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