52 million formal jobs created under EPFO, NPS in four years: SBI Ecowrap

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Citing the data from FY’20 to FY’23 for EPFO and NPS, the report further said 47% of the payrolls generated during the period were first time jobs. Of the total jobs created, 48.6 million were created under EPFO while 3.1 million were created under NPS. The report suggests bank sakhis to be hired as bank correspondents to increase the share of women in labour force from the current 27%

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