Ministry of Labour & Employment
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New Subscribers under EPF Scheme (2023-24)

Posted On: 29 JUL 2024 7:03PM by PIB Delhi

EPS 95 is a Defined Contribution Defined benefit Scheme. Demand to link monthly pension of workers under Employees’ Pension Scheme, 1995 (EPS-1995) with cost of living index was considered by the High Empowered Monitoring Committee constituted by the Central Government in the year 2018 for complete evaluation and review of EPS-1995 and it was not found   feasible for a funded scheme like EPS-1995.  Therefore, the value of benefits cannot be left open ended by linking with inflation, which is variable.

The total number of new subscribers under EPF Scheme across the country was 1,09,93,119 as on 15.05.2024 for Financial Year 2023-24.

Details of State-wise New EPF Subscribers as on 15.05.2024 for Financial Year 2023-24 are given below.                                                                       

 

Data as on 15.05.2024 for Financial Year 2023-24

State/UT

         Number of New EPF Subscribers

ANDAMAN AND NICOBAR ISLANDS

2,193

ANDHRA PRADESH

252,688

ARUNACHAL PRADESH

2,645

ASSAM

69,519

BIHAR

124,575

CHANDIGARH

112,906

CHATTISGARH

110,816

DELHI

776,891

GOA

49,951

GUJARAT

881,243

HARYANA

744,828

HIMACHAL PRADESH

82,402

JAMMU AND KASHMIR

36,718

JHARKHAND

103,266

KARNATAKA

1,195,998

KERALA

196,876

LADAKH

576

MADHYA PRADESH

272,828

MAHARASHTRA

2,116,863

MANIPUR

1,956

MEGHALAYA

5,407

MIZORAM

690

NAGALAND

1,602

ORISSA

171,312

PUNJAB

139,238

RAJASTHAN

383,731

TAMIL NADU

1,191,562

TELANGANA

707,854

TRIPURA

4,165

UTTAR PRADESH

629,541

UTTARAKHAND

154,129

WEST BENGAL

468,150

Grand Total

10,993,119

 

This information was given by Union Minister of State for Labour & Employment, Smt. Shobha Karandlaje in a written reply in Lok Sabha today.

 

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Himanshu Pathak



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