Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.2122)

2122. 

According to the payroll data of EPFO the formal employment in India saw how much percent increase in 2019-20?

[A]. 28.6 %
[B]. 32.6 %
[C]. 23.6 %
[D]. 22.6 %

Answer: Option A

Explanation:

According to the payroll data of EPFO (Employees' Provident Fund Organisation), an organization tasked to assist the Central Board of Trustees, Employees' Provident Fund, the formal employment in India saw an 28.6 % increase at 78.58 lakh in 2019-20 as compared to only 61.12 lakh added in 2018-19.

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