Finance outlook india logo
Home News Exclusive Expert's Viewpoint Corporate Startup Fintech Personal Magazine About Us Budget'26 Budget'24
  • Budget'25 Budget'24
    • Home
    • News
    EPFO Registers All Time High Member Addition of 20.06 Lakh in May 2025

    EPFO Registers All-Time High Member Addition of 20.06 Lakh in May 2025


    Finance Outlook India Team | Monday, 21 July 2025

    The Employees' Provident Fund Organization (EPFO) announced its highest-ever monthly net addition of 20.06 lakh members in May 2025, marking a historic milestone since the implementation of payroll data tracking in April 2018. This represents a 4.79% increase over April 2025 and a 2.84% year-on-year increase from May 2024.

    Key Highlights

    • EPFO added a historic 20.06 lakh net members in May, led by 9.42 lakh new subscribers.
    • Youth aged 18–25 contributed 5.60 lakh (59%) additions, with 2.62 lakh women joining the workforce. 

    Mansukh Mandaviya, Union Minister of Labour and Employment and Youth Affairs and Sports, attributed this achievement to Prime Minister Narendra Modi's pro-youth, pro-worker reforms, emphasizing that the government's continued focus on ease of doing business and inclusive growth is fueling formal employment expansion.

    "This is a testament to the strengthening of India's organized workforce and the government's commitment to building a robust labour ecosystem for a Viksit Bharat," Mandaviya told reporters.

    Key Highlights of EPFO Payroll Data

    New Members Enrolled: EPFO enrolled 9.42 lakh new subscribers, representing an 11.04% increase over April 2025, indicating increased employment opportunities and greater awareness of social security benefits.

    Youth Employment Trends: The 18-25 age group accounted for 5.60 lakh new additions, or 59.48% of all new members. This represents a 14.53% monthly increase and continues the trend of young, first-time job seekers entering the organized workforce.

    Rejoined Members: 16.11 lakh EPFO members returned after previous exits, representing a 2.12% increase over April and a robust 14.27% year-on-year growth. These figures show increased job mobility while maintaining long-term social security coverage. 

    Women's Workforce Participation: Female enrolment increased steadily, with 2.62 lakh new subscribers in May, up 7.08% from April. Net female payroll additions totaled 4.25 lakh, up 15.04% year on year, reflecting increased female participation in the formal economy.

    Also Read: EPFO May Enable Direct EPF Withdrawals Through ATMs and UPI Soon

    State-Based Performance

    The top contributors to net payroll additions were Maharashtra, Karnataka, Tamil Nadu, Gujarat, Haryana, Delhi, Uttar Pradesh, and Telangana, accounting for nearly 60% of the total. Maharashtra alone contributed 20.33 percent of the new payroll. 



    Read More:

    Swiss Banking Major UBS Opens New Hyderabad GCC, Plans 3,000 New Hires

    Ezeepay Banking Mitra Network Boosts Rural Jobs & Financial Inclusion

    KNOWLEDGE DECK

    Most Viewed

    • The Economic Impact of India-Pakistan War: A Detailed Analysis

    • Why Financial Literacy Matters More Than Ever for Today's Youth

    • Prominent Financial Advisors in India to Partner With

    • Rags to Riches: The Top 6 Indian Entrepreneurs' Motivational Tales of Success

    • Navigating Financial Disruption With Future Proof Financial Service Deliverability

    • India's Rs 31 Lakh Cr Green Push: Building the Foundation of a Net-Zero Future

    • Wakhariya & Wakhariya: Facilitating International Legal Processes across Diverse Domains

    • Aligning Financial Strategies with Sustainable Business Goals

    • The Top 5 Highest-paid Actors in India - 2024

    • Central Government Proposes Tax on Agricultural Water Usage

    • Carpediem Capital Invests INR 100 Crore, CorporatEdge to Deploy INR 350 Crore in the next 3 Years

    • EPFO Registers All-Time High Member Addition of 20.06 Lakh in May 2025

    • Unearthing Intricacies of Today and Beyond in the Indian Insurance Sector

    • Expected Correction in Housing Prices to Revive Sales in Coming Quarters

    • How to Choose the Right Mutual Fund for your Financial Goals?

    • Future of Corporate Finance: Emerging Trends in Treasury Solutions and Cash Management for MNCs

    • ElasticRun Announces FY24 Financial Results: Key Details

    • Financial Inclusion in Viksit Bharat

    • Abans Financial Services Advises Vaishali Pharma on Strategic Acquisition of Kesar Pharma






    🍪 Do you like Cookies?

    We use cookies to ensure you get the best experience on our website. Read more...

    Copyright © 2026 Finance Outlook India. All rights reserved.   Privacy Policy Terms of Use Blogs Conferences Subscribe WRAPUP’25