New enrolments to the government's social security schemes in India declined in August, indicating slower growth in formal employment. The decline was more significant in higher-paying jobs, with new enrolments in the Employees' Provident Fund (EPF) Scheme falling by 13.3%. However, net subscriptions to the EPF scheme, which takes into account exits and re-entries, reached the highest level this year.
from Economy-News-Economic Times https://ift.tt/HvQEiYp
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