New Delhi, Sept. 23 -- India's pension fund body added 2.104 million net members in July, marking a 5.6% rise from a year earlier and underscoring a steady momentum in formal job creation, according to provisional payroll data released on Tuesday.

Nearly 980,000 people enrolled with the Employees' Provident Fund Organisation (EPFO) for the first time during the month, with more than 60% of them between the age of 18 and 25, the Union ministry of labour said in a statement.

The dominance of young subscribers, most of them first-time job seekers, highlights the role of fresh entrants in driving payroll growth.

Net payroll additions for this age group (18-25 years) stood at 913,000, up 4.1% from July 2024.

Re-entrants formed another larg...