EPFO gross new members addition dips 4% to 1.09 crore in 2023-24: MoSPI report

The gross addition of new members was affected due to the pandemic and declined from 1,10,40,683 in 2019-20 to 85,48,898 in 2020-21. It bounced back to 1,08,65,063 in 2021-22.