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EPFO, ESIC, PFRDA Payroll Data an Eye Opener: Niti

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EPFO, ESIC, PFRDA Payroll Data an Eye Opener: Niti
Niti Aayog said the payroll data released by three organisations on Wednesday are an eye opener and put an end to all speculations and conjectures regarding job creation in the economy as it asked other organisations to release similar data.Employees’ Provident Fund Organisation (EPFO), Employees’ State Insurance Corporation (ESIC) and the Pension Fund Regulatory and Development Authority (PFRDA) for the first time released age-wise payroll data for six months to February.
The EPFO data showed 3.1 million new additions across all age groups while the PFRDA numbers showed 0.42 million new accounts under the New Pension System (NPS), taking the total to 3.52 million for the six months.“Hopefully this would also end the debate regarding and criticisms about jobless growth in the economy,” the Aayog said.The numbers for recent months are provisional and the finally tally could well be higher. This data would be released every month
The Economic Times, New Delhi, 27th April 2018

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