Number of members increased in EPFO, know the figures of Annual Report of 2023-24. Money Live

In India, there is an increase in the number of members contributing to the Employees Provident Fund Organization (EPFO). This is an indication that the number of employment and business in the formal sector is increasing in the country. The number of members in EPFO ​​has increased by 7.6 percent to 7.37 crore in the financial year 2023-24, whereas in the financial year 2022-23 it was 6.85 crore members.                                                                                                                                    

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