Net formal job creation under EPFO has declined for two consecutive years through FY25, falling from 13.8 million in FY23 to 12.9 million. This decrease is attributed to the high base of FY23 due to the Atmanirbhar Bharat Rojgar Yojana. Experts note that this slowdown doesn't align with India's recent high economic growth, suggesting private sector caution amid geopolitical uncertainty.
from Careers-Economic Times https://ift.tt/BIhZ2Fj
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