EPFO data gives Modi govt big boost, says 44.75 lakh jobs created in 9 months
The Ministry brought out the first release of employment-related statistics in the formal sector in April, 2018 covering the period September 2017 to February, 2018, using information on the number of subscribers who availed benefits of social security schemes like EPFO, Employees’ State Insurance Scheme (ESIC) and the National Pension Scheme (NPS).
The latest data from retirement fund body EPFO suggests that as many as 44.75 lakh jobs were created between September 2017 and May 2018 in the organised sector. Image source: Reuters