Employers up 6.6% at 766,000; members rise 7.6% in FY24: EPFO report

Q: How long will it take to read this news story?

The story "Employers up 6.6% at 766,000; members rise 7.6% in FY24: EPFO report" has 786 words across 29 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Employers up 6.6% at 766,000; members rise 7.6% in FY24: EPFO report" was covered 1 weeks ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 216 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23514168</li><li>URL: https://beamstart.com/news/employers-up-66-at-766000-17313265161223</li></ul>

Business Standard Logo Business Standard 1w ago

Employers up 6.6% at 766,000; members rise 7.6% in FY24: EPFO report - Business Standard

Quick Summary:

According to a statement issued on Sunday, the labour secretary and Chairperson of the Executive Committee, Central Board, Employees' Provident Fund Organization (EPFO), presided over the 109th Meeting of the Executive Committee on November 8, 2024, at EPFO Head Office in the national capital.

Retirement fund body EPFO has seen a 6.6 per cent year-on-year rise in contributing employers to 7.66 lakh while recording 7.6 per cent growth in members to 7.37 crore in 2023-24, a labour ministry statement stated.

The Executive Committee is a statutory panel under the EPF Act 1952, with the mandate of rendering assistance to the Central Board of Trustees, EPFO in the discharge of its functions.