Net new women EPFO subscribers addition rises to 28.69 lakh in FY23

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Retirement fund body EPFO recorded a net new women subscribers addition of 28,69,688 in FY23 against 15,93,614 in 2019-20, showing a rise in employment through the pandemic, Parliament was informed on Thursday..

The net addition in Employees' Provident Fund Organization (EPFO) subscriptions is an indicator of the extent of job creation/formalisation of the job market and the coverage of social security benefits to the organised/ semi-organised sector workforce, said Minister of State for Labour & Employment Rameshwar Teli in a written reply to the Rajya Sabha...

Teli explained that the EPFO data covers the low-paid workers in medium and large establishments of the formal sector...

The Code on Social Security, 2020, has provisions for enhancement in paid maternity leave from 12 weeks to 26 weeks, provision for mandatory creche facility in establishments having 50 or more employees, permitting women workers in the night shifts with adequate safety measures, etc...

The Code on Wages 2019 has provisions that there shall be no discrimination in an establishment or any unit thereof among employees on the grounds of gender in matters relating to wages by the same employer in respect of the same work or work of a similar nature done by any employee.. Further, Teli stated that no employer shall make any discrimination on the grounds of sex while recruiting any employee for the same work or work of a similar nature in the conditions of employment, except where the employment of women in such work is prohibited or restricted by or under any law for the time being in force...

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