The EPFO saw a significant rise in new women subscribers, recording 28.7 lakh additions in FY23 compared to 15.9 lakh in 2019-20, indicating increased formal job creation despite the pandemic. Minister Rameshwar Teli highlighted this as an indicator of job market formalization. Female unemployment dropped to 2.9%, improving from 4.2% in 2019-20, as per PLFS data. Initiatives like extended maternity leave and safety measures aim to provide equal opportunities and a safer work environment for women.
