Employees’ Provident Fund Organization (EPFO) records all-time highest addition of 20.06 lakh net members during May 2025; 9.42 lakh new members enrolled with EPFO

The Employees’ Provident Fund Organization (EPFO) reported a historic net addition of 20.06 lakh members in May 2025, marking the highest monthly increase since payroll data tracking began in April 2018. This represents a 4.79% rise over April 2025 and a YoY growth of 2.84% compared to May 2024, reflecting the strengthening of India’s formal employment sector. Union Minister of Youth Affairs & Sports and Labour & Employment Dr. Mansukh Mandaviya attributed this success to Prime Minister Mr. Narendra Modi’s visionary leadership and the government’s focus on pro-worker reforms and ease of doing business. New subscribers rose by 11.04% to 9.42 lakh in May 2025, with the 18-25 age group dominating payroll additions at 59.48%. Notably, around 16.11 lakh rejoined members opted to transfer their accumulations rather than settle accounts, demonstrating increasing financial prudence among workers. Female participation also saw encouraging growth, with new female subscribers rising by 7.08% MoM and net additions increasing by 15.04% YoY, signalling progress towards a more inclusive workforce.
State-wise, Maharashtra led payroll growth, contributing 20.33% of the net additions in May 2025, with other major contributors including Karnataka, Tamil Nadu, Gujarat, Haryana, Delhi, Uttar Pradesh, and Telangana. Industry trends revealed robust growth in expert services, textiles, cleaning and sweeping services, electrical and mechanical engineering products, financing establishments, and garment manufacturing. Expert services alone accounted for 44.61% of new payrolls, with manpower suppliers making up over half of this category. The payroll data remains provisional as updates continue due to ongoing employee record maintenance and filing adjustments. Overall, the May 2025 data underscores India’s expanding formal employment base, and the positive impact of government initiatives aimed at fostering a robust, diverse, and youth-centric labour market.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.