The Employees’ State Insurance Corporation (ESIC) added 1.64 million new members in April, according to payroll data. The data was released on Wednesday, 19 June, by the Ministry of Labour and Employment.
Of these new additions, 7,84,000 were young employees under the age of 25, highlighting significant job generation for the nation’s youth. This also amounts to around 47.60 per cent of the total registrations, belonging to the age group of up to 25 years.
The month saw the inclusion of approximately 18,490 new establishments under ESIC’s social security scheme, thereby expanding coverage to more workers. A gender analysis of the payroll data revealed that women accounted for 3,38,000 of the net enrolments, and 53 transgender employees also registered under the ESI scheme.
The gender-wise analysis of the payroll data also indicates that the net enrolment of female members was 3,38,000 in April 2024. Besides, a total of 53 transgender employees have also been registered under the ESI Scheme in April 2024, which attests to the commitment of ESIC to deliver its benefits to every section of society.
In comparison, the Employees’ Provident Fund Organisation (EPFO) added 1.44 million net members in March, with the total number of new members standing at 7,47,000.
