Page 25 - Policy Economic Report - August 2025

POLICY AND ECONOMIC REPORT
OIL & GAS MARKET

adopted a climate action plan based on thorough risk assessment and targeting both adaptation and low-
carbon growth.

9. EPFO Records All-Time Highest Net Addition of Nearly 22 Lakh Members during June 2025

The Employees' Provident Fund Organization (EPFO) has released provisional payroll data for June 2025,
revealing a net addition of 21.89 lakh members, marking the highest recorded addition since payroll data
tracking began in April 2018. This figure depicts an increase of 9.14 % in net payroll additions during the
current month as compared to the previous month of May 2025.

Further, the year-on-year analysis reveals a growth of 13.46 % in net payroll additions in June 2025
compared to June 2024, signifying increased employment opportunities and heightened awareness of
employee benefits, bolstered by EPFO’s effective outreach initiatives.

Key highlights of the EPFO Payroll Data (June 2025) are as follows:

New Subscribers:

EPFO enrolled around 10.62 lakh new subscribers in June 2025, representing a 12.68% increase over May
2025 and a growth of 3.61% compared to June 2024. This increase in new subscribers can be attributed
to growing employment opportunities, increased awareness of employee benefits, and EPFO's successful
outreach programs.

Age Group 18-25 Leads Payroll Addition:

A noticeable aspect of the data is the dominance of the 18-25 age group. EPFO added 6.39 lakh new
subscribers in the 18-25 age group, constituting a significant 60.22% of the total new subscribers added
in June 2025. New subscribers in the 18-25 age group added in the month show an increase of 14.08%
compared to the previous month of May 2025.

Further, the net payroll addition for the age group 18-25 for June 2025 is approximately 9.72 lakh,
reflecting an increase of 11.41% from the previous month of May 2025 and a growth of 12.15% from the
previous year in June 2024. This is in consonance with the earlier trend which indicates that most
individuals joining the organized workforce are youth, primarily first-time job seekers.

Rejoined Members:

Approximately 16.93 lakh members, who had exited earlier, rejoined EPFO in June 2025. This figure
depicts a 5.09% increase over May 2025. It also displays a significant 19.65% year-over-year growth
compared to June 2024.

Growth in Female Membership:

Around 3.02 lakhs new female subscribers joined EPFO in June 2025. It reflects an increase of 14.92%
compared to the previous month of May 2025. It also depicts year-over-year growth of 1.34% compared
to June 2024.

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