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The provisional payroll data of EPFO released on 20 June highlights that EPFO has added 17.08 lakh net subscribers in the month of April, 2022. A year-on-year comparison of payroll data shows an increase of 4.32 lakh net subscribers in April, 2022 as compared to the net subscription in the month of April, 2021 last year.
Out of the total 17.08 lakh subscribers added during the month, around 9.23 lakh new members have come under the social security cover of EPF & MP Act, 1952 for the first time. Approximately 7.85 lakh net subscribers exited & re-joined the establishments covered under EPFO by changing their jobs within the establishments covered by EPFO and opted to retain membership under the Scheme, through transfer of funds rather than coming for final withdrawal of their PF accumulations. The payroll data reflects a declining trend of members exit during the last four months.
Age-wise comparison of payroll data indicates that the age-group of 22-25 years has registered the highest number of net enrolments with 4.30 lakh additions during April, 2022. This is followed by the age-group of 29-35 years with a healthy addition of 3.74 lakh net additions during the month. In nutshell, these two age-groups constitute around 47.07% net subscribers additions during the month. The age group of 29-35 years can be considered as experienced workers who have changed jobs for career growth and opted to be with EPFO.
Short-Range Ballistic Missile,
Prithvi-II, successfully tested
A successful training launch of a Short-Range Ballistic Missile, Prithvi-II was carried out on June 15, 2022 at approximately 1930 hrs from the Integrated Test Range, Chandipur, Odisha. The missile is a proven system and is capable of striking targets with a very high degree of precision.
The user training launch successfully validated all operational and technical parameters of the missile.