Formal job creation rebounds in September

The provisional payroll data released by the ministry of statistics and programme implementation on Friday shows net new subscriber addition under EPFO was 9.8% higher at 1.68 million in September compared to 1.53 million in August. It stood at 1.82 million in July, 1.83 million in June, 1.68 million in May and 1.53 million in… Continue reading Formal job creation rebounds in September

India generates 15-16 lakh formal sector jobs every month, says Ashwini Vaishnaw citing EPFO data

Citing Employees’ Provident Fund Organisation data, Union Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw has said an average of 15-16 lakh formal sector jobs are being generated every month in India. Read More