EPFO logs 20 lakh net new members in July

The Employees Provident Fund Organisation (EPFO) recorded a net addition of 19.94 lakh members in July, according to the Labour Ministry. Union Labour Minister Mansukh Mandaviya highlighted that 10.52 lakh new workers joined EPFO's Social Security schemes, with a significant portion being young individuals aged 18-25. Female employment also saw an increase with 4.41 lakh new additions.