EPFO net new enrolments rises 56% to 11.55 lakh in October

Roughly 6.80 lakh members exited and then rejoined EPFO, indicating switching of jobs by subscribers within the establishments covered by EPFO and subscribers choosing to retain membership by transferring funds rather than opting for final settlement.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/epfo-net-new-enrolments-rises-56-to-11-55-lakh-in-october/articleshow/79833289.cms