EPFO Sees Rise in New Members, Confirms Joshi

IO_AdminAfrica17 hours ago9 Views

Speedy Summary:

  • Union Minister Pralhad Joshi inaugurated the 16th Rozgar Mela in Hubballi, organized in association with South Western Railway.
  • The number of Employees’ Provident Fund Organisation (EPFO) members has increased as 2014, attributed to employment initiatives by the Union Government.
  • In Indian Railways, 8,400 candidates were recently recruited; SWR alone recruited 1,135 candidates. Recruitment for an additional 3,500 posts is upcoming.
  • Employment for women has reportedly risen from 20% in 2014 to 40% under PM ModiS tenure.
  • Mr. Joshi stated India had become the fourth largest economy and predicted it would soon become the third largest globally.
  • Additional accomplishments highlighted include electrification of over 40,000 km of railway lines and free foodgrain distribution benefiting around 80 crore people.
  • Selected candidates received appointment letters during the event. PM Modi inaugurated the mela virtually.

Indian Opinion Analysis:

The Rozgar Mela underscores efforts by India’s government to address employment generation across public and private sectors as a cornerstone of its policy agenda. The rise in EPFO members suggests growth in formal employment opportunities-a positive sign amid conversations surrounding job creation challenges. Specific achievements such as increased women’s workforce participation and large-scale recruitments within Railways reflect important progress but merit continuous monitoring to ensure sustained growth across diverse sectors.

India’s ranking as the fourth-largest global economy highlights accelerated economic development underlining infrastructure improvements like railway electrification initiatives but also places pressure on maintaining momentum toward achieving third place globally. While these narratives bolster optimism about India’s advancement on multiple fronts including power sufficiency and welfare support through schemes like free food distribution-they represent long-term commitments whose practical implications should be periodically assessed for equitable impact across citizens.

Read more: The Hindu

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