Key Points
Formal job creation under the Employees' State Insurance Corporation (ESIC) saw a slight drop in October compared to September, official data showed..
The ESIC scheme added 1.73 million subscribers in October, compared to 1.89 million in the previous month...
However, more new establishments came under the ESIC month-on-month in October, according to the data released by the labour and employment ministry..
As per the data, 23,468 new establishments were recognised under the ESIC in October, compared to 22,544 new establishments in the month before...
Employees aged up to 25 years made up 47.76% of the total workforce employed under the ESIC scheme in October, a shade lower than 47.98% in September...
You might be interested in
ESIC adds 16.03 lakh new subscribers in February
18, Apr, 23According to the data released by the ministry of labour and employment on Tuesday, around 11,000 new establishments have been registered in the month of February, 2023 under the Employees State Insurance Scheme ensuring social security cover to their employees.
Job creation under ESIC up 13.4% in May
18, Jul, 23The provisional payroll data of ESIC reveals that 20.23 lakh new employees have been added in May 2023, a labour ministry statement said. Around 24,886 new establishments have been registered and brought under the social security umbrella of the Employees' State Insurance Corporation in May 2023, thus ensuring more coverage, it stated.