MoSPI releases employment outlook report for Sep 2017-Jul 2022

The Ministry of Statistics & Programme Implementation (MoSPI) has released its employment outlook for the period September 2017 to July 2022. 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 around 1.6 million new subscribers were added to the ESIC during July 2022. During the same period, on a net basis around 1.8 million new enrolments with the EPFO were recorded while 66,014 people joined the national pension system (NPS) under the PFRDA.