The Employees’ Provident Fund Organisation (EPFO) added 14.58 lakh net members in March 2025, marking a 1.15% increase in net payroll additions compared to March 2024.
This growth reflects rising employment opportunities and successful EPFO outreach efforts.
EPFO Enrols New Subscribers; Youth Drive Growth
In March, EPFO enrolled 7.54 lakh new subscribers, up 2.03% from February and 0.98% year-on-year compared to March 2024.
Notably, 4.45 lakh new subscribers belonged to the 18-25 age group, making up nearly 59% of all new enrollments.
This age group saw a 4.21% monthly increase and a 4.73% rise year-on-year.
Net payroll additions for the 18-25 age bracket reached approximately 6.68 lakh in March, showing a 6.49% growth compared to the previous year.
This aligns with trends that indicate youth, especially first-time job seekers, are driving organised workforce growth, according to the Ministry of Labour and Employment.
Returning EPFO Members Boost Numbers
Around 13.23 lakh members who had previously exited EPFO rejoined in March, representing a 0.39% rise over February and a strong 12.17% year-on-year increase.
These returning members switched jobs but chose to transfer their provident fund accumulations, securing their long-term financial benefits and social security.
In March, EPFO added approximately 2.08 lakh new female subscribers, a slight 0.18% increase from February and a 4.18% rise compared to March 2024.
Female net payroll additions stood at about 2.92 lakh, showing a 0.78% year-on-year increase.
Maharashtra Leads & Expert Services Dominate
Among all states, Maharashtra contributed the largest share, accounting for 20.24% of the net payroll additions during the month.
Nearly 45.59% of total net payroll additions came from expert services, including manpower suppliers, contractors, security services, and other miscellaneous activities.
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