EPFO Registration Update: Migrant laborers are sending more money home than before, know what the figures of EPFO are saying

EPFO Registration Update | The economy was stalled due to the lockdown in the country. But now the wheels of the economy are slowly turning and the economy is picking up speed. A clear example of this is that during the lockdown, there was a decrease in the money coming to the Prime Minister Jan Dhan accounts during March and April, then the same is being seen in the PM Jan Dhan Yojana account from June and July. . It is also being told that sending money to the houses of Prabhatiya laborers has also started, and this is also known by the increase in the number of registration of EPFO ​​Employees Provident Fund Organization ie (EPFO Registration Update).

Jan Dhan account is increasing
Employee Provident Fund Organization ie EPFO ​​registration is witnessing continuous increase in registration and at the same time money transactions in Jan Jan Dhan Yojana account seems to be increasing. The economy is also improving as people start returning to work. The migrant laborers who returned to their homes during the transition period of Coronavirus are now going back to work, sending money to their families. This is the reason that the growth in Jan Dhan accounts is continuously increasing and now this number has reached about 41 crores. This growth has been seen since June-July.

Also Read: Here’s What You Need To Know Before Opting Auto-Renewal Option On Your FDs

About 12 lakh new registrations have been done
After the transition period of the coronavirus in the Employees Provident Fund Organization (EPFO Registration Update), the number of registrations now seems to be increasing. The home remittance index reached 115 points in September and 25 lakh new registrations have been done in the figures of April and August 2020. ‌ It is also being told that from the month of April till now about 3 crore Jan Dhan accounts have been opened and about 12 lakh new registrations have been done in EPFO. If seen, about Rs 11060 crore has been deposited so far and the same increase has been recorded since April. Please tell that this figure is according to the cry and now the economy is slowly returning to the track.

Migrant laborers returned during lockdown
EPFO Registration Update The way coronavirus infection was spreading all over the world. India also remained untouched. के After the lockdown was declared, migrant laborers and workers across the country returned to their homes and the entire country was shut down for about 3 months. Work was stopped all over the country during such a huge economic crisis, but once the unlock process started, then once again returned to work. ‌ In this connection, the pace of functioning is being seen across the country and EPFO ​​registration update is also increasing.

The post EPFO Registration Update: Migrant laborers are sending more money home than before, know what the figures of EPFO are saying appeared first on informalnewz.