MoSPI releases employment outlook report for Sep 2017-Sep 2021

The Ministry of Statistics & Programme Implementation (MoSPI) has released an employment outlook for the period September 2017 to September 2021. The data is based on the administrative records available with the Employees’ Provident Fund Organisation (EPFO), Pension Fund Regulatory & Development Authority (PFRDA) and Employees’ State Insurance Corporation (ESIC). The data shows that more than 1.3 million new subscribers were added to the ESIC during September 2021. During the same period, on a net basis around 1.5 million new enrolments with the EPFO were recorded while 72,923 people joined the national pension system (NPS) under the PFRDA.