Nearly 7 in 10 new EPFO subscribers are between 18–25 age group: Report

Nearly 59 per cent of all new EPFO subscribers in FY25 belonged to the 18–25 age group, underscoring the growing role of young workers in expanding India’s formal economy, a report showed on Wednesday. The trend is equally visible across the organised workforce. Of more than 57,000 new Universal Account Numbers (UANs) generated during FY26, 79 per cent belonged to individuals aged 18–30, while the 21–25 age group accounted for over 35 per cent of...