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ESIC adds 2.167 mn new members in June, 7% higher than previous yr

Business Standard LogoBusiness Standard5h ago

ESIC adds 2.167 mn new members in June, 7% higher than previous yr - Business Standard

Quick Summary:

Employees' State Insurance Corporation (ESIC) has added 21.67 lakh new workers under its ESI scheme in June 2024, which is about 7 per cent higher as compared to the year-ago period, showed the latest payroll data.The ESIC had added 20.27 lakh new members in June 2023, a labour ministry statement said.Of the total 21.67 lakh employees added during the month, 10.58 lakh workers accounting for around 49 per cent of the total registrations belong to the age group of up to 25 years, it said.

As many as 13,483 new establishments were brought under the social security ambit of the ESI scheme in June 2024, thus ensuring social security to more workers.

Besides, a total of 55 transgender employees got registered under the ESI scheme in June 2024.


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Category: BusinessFinance

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 19:29:17 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 267 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22210507

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