EPFO records 655,000 net new enrolments in June, up from 172,000 in May

Net new enrolments with retirement fund body rose to 655,000 in June from 172,000 during May 2020, according to its latest payroll data, providing a perspective on in the formal sector amid the Covid-19 crisis.

Provisional released by the last month had shown that net new enrolments stood at 318,000 in May this year. The figure has now been revised to 1,72,174.

The net new enrolments with the Employees’ Provident Fund Organisation (EPFO) had dropped to 572,000 in March 2020 from 1.02 million in February, as per the released in May.

Latest data released on Thursday showed that net new enrolments in April were just 20,164 compared to the provisional figure of 133,000 released in July.

The net new enrolments with the hover around 700,000 every month on an average.

During 2019-20, the number of net new subscribers rose to 7.86 million as compared to 6.12 million in the preceding fiscal, according to the released on Thursday.

The EPFO has been releasing the payroll data of new subscribers since April 2018, covering the

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Covid-19 fear pushes up health care, insurance advertisement volumes

The number of advertisements (ads) by personal and insurance has seen a surge in the past few weeks against the backdrop of the Covid-19 pandemic. With people getting more cautious and looking at preventive measures, brands in these segments feel it is a good time to market ‘well-being’.

According to TAM Media Research, an audience measurement analysis firm, from April 1 to August 14, the personal sector ad volume grew 5 per cent. Of the total during April-July, 70 per cent of ad volumes were during June-July.

The data recorded by BARC India from Week 2-4 (January 11-31: Pre-Covid) shows insurance companies’ ad volumes in seconds (average) were 224,535, which dropped to 60,260 seconds during Week 11-22 (March 14-June 5: Covid), but increased to 199,973 seconds in Week 28-31 (July 11-August 7).

The personal care/personal hygiene sector grew 22 per cent in the last four weeks, compared to the pre-Covid period. The sector saw a growth of 62 per cent in the last four weeks.

The personal sector grew 26 per cent in the last four weeks, compared to

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Battle To Save Life Of Kremlin Critic Navalny After Suspected Poisoning

Russian doctors were battling to save the life of leading opposition figure Alexei Navalny on Thursday after he was rushed to intensive care in Siberia suffering from what his spokeswoman said was a suspected poisoning.

Navalny, a 44-year-old lawyer and anti-corruption campaigner who is among President Vladimir Putin’s fiercest critics, was hospitalised in the city of Omsk after he lost consciousness on a flight and his plane made an emergency landing.

“Doctors aren’t just doing everything possible. The doctors are really working now on saving his life,” the hospital’s deputy head doctor Anatoly Kalinichenko told journalists in Omsk.

Navalny’s spokeswoman Kira Yarmysh said he was on a ventilator in a coma and his condition was serious but stable.

“Alexei has toxic poisoning,” Yarmysh wrote on Twitter, describing how he was taken ill during the flight from the city of Tomsk to Moscow.

The hospital has not given any diagnosis while the regional health ministry said Navalny was in a natural, not induced, coma.

His team said the hospital was ill-equipped and his doctor Anastasia Vasilyeva said she had asked for the Kremlin’s help to transfer him to a European clinic.

Germany Chancellor Angela Merkel joined French President Emmanuel Macron in

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