Topic: Informal sector

As per EFPO data, net employment generation in the formal sector touched a 17-month high in January
Any worker working in the unorganised sector can avail the benefits of this scheme with workers between 18-28 age has to pay Rs 55 per month, while workers above 29 years will be paying Rs 100 per month.
The new EPFO data reveals that from September 2017 to July 2018 more than 61.81 lakh new jobs have been created,
The Modi government also needs to ensure banking reforms to reduce dependency on this sector

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