City
Epaper

20.74 lakh new workers enrolled in ESIC scheme in August, marking a 6.8 pc growth

By IANS | Updated: October 26, 2024 15:50 IST

New Delhi, Oct 26 The Centre on Saturday informed that 20.74 lakh new workers were enrolled under the ...

Open in App

New Delhi, Oct 26 The Centre on Saturday informed that 20.74 lakh new workers were enrolled under the Employees' State Insurance Corporation (ESIC) scheme in August, a 6.80 per cent growth in net registrations (year-on-year).

Out of the total 20.74 lakh employees added during the month, 9.89 lakh employees -- or around 47.68 per cent of the total registrations -- belong to the age group of up to 25 years, according to the Ministry of Labour and Employment data.

The gender-wise analysis of the payroll data showed that the net enrolment of female members was 4.14 lakh in August. Besides, a total of 60 transgender employees also got registered under the ESI scheme.

According to the Labour Ministry data, 28,917 new establishments have been brought under the social security ambit of the ESI Scheme in the month of August, thus ensuring social security to more workers.

The payroll data is provisional since the data generation is a continuous exercise. In July, 22.53 lakh new workers were enrolled under the ESIC scheme, up from 21.67 lakh enrolled in June, thus ensuring social security to more workers.

The year-on-year (YoY) analysis showed a growth of 13.32 per cent in net registrations compared to July 2023. The provisional payroll data revealed that 10.84 lakh young employees upto the age group of 25 (around 48 per cent of the total registrations) constituted new registrations in July. In the month of June, 10.58 lakh young employees up to the age group of 25 years constituted new registrations. In May, 23.05 lakh new employees were added in the ESIC scheme, which represented a growth of 14 per cent in net registrations compared to the same month last year.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MumbaiBMC Health Department Employees Threaten One-Day Mass Leave Over Delayed Promotions

National25-year-old woman commits suicide in UP's Balia

Cricket"To represent West Indies has been one of the proudest achievements in my life": Andre Russell on his retirement from international cricket

BusinessAutomation Anywhere Announces Availability of Agents in the New AWS Marketplace AI Agents and Tools Category

InternationalNetanyahu faces major blow as Shas quits cabinet over military draft exemption for ultra-orthodox students

Business Realted Stories

BusinessBillMart Fintech Disburses ₹2500+ crores: More than 40% disbursed to SMEs and MSMEs

BusinessCoda Accelerates Global Expansion with Acquisition of European Payments Platform Recharge

BusinessWindward and SGTraDex Sign Strategic Partnership to Advance Digital Trade Finance Solutions

Business360 million Airtel customers get AI Perplexity Pro tool worth Rs 17,000 for free

BusinessEmbed Financial Group Holdings (EFGH) is pleased to announce a pivotal addition to the EFGH leadership team