New EPF payroll (first jobs) had started declining much before Covid hit, finds IMF

As FE reported earlier, net addition to the EPF subscriber base fell sharply from 10.21 lakh in February 2020 to 5.73 lakh in March and then sharply to just 1.33 lakh in April.

from The Financial Express https://ift.tt/2YCIcAt
https://ift.tt/eA8V8J FE Bureau