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Employment Outlook of India
October 31 , 2022
748 days
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- The National Statistical Office (NSO) released a press note on Employment Outlook of the country.
- This report covers a period between September 2017 to August 2022 to evaluate progress in various dimensions.
- The formal employment in India has witnessed a decline in August as per the Employees' Provident Fund Organisation (EPFO), Employees' State Insurance Corporation (ESIC) and for the National Pension Scheme (NPS).
- The net new EPFO subscribers decreased 7.1 per cent from 1.82 million in July to 1.69 million in August.
- Compared to 1.58 million subscribers added in July, the ESIC reported an 8 per cent decrease to 1.46 million subscribers in August.
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