Page 2 - Esic

ESIC adds around 1.88 mn new members in Dec, 47% youth, shows govt data

Employees' State Insurance Corporation (ESIC) added 18.86 lakh new members in December 2023, according to provisional payroll data released on Thursday. Around 23,347 new establishments were registered and brought under the social security umbrella of ESIC in December, ensuring more coverage, the labour ministry said in a statement. The data shows that more jobs were generated for the youth during the month as out of the total 18.86 lakh employees added, 8.83 lakh, constituting 47 per cent of the total registrations, were up to the age group of 25 years. The net enrolment of female members was 3.59 lakh in December 2023, according to the data. A total of 47 transgender employees were registered under the ESI Scheme in December. It also shows that ESIC is committed to delivering its benefits to every section of society, the ministry stated. The payroll data is provisional since the data generation is a continuous exercise.

ESIC extends benefits to superannuated insured persons with relaxed norms

The Employees' State Insurance Corporation (ESIC) on Saturday decided to extend medical benefits to superannuated insured persons with relaxed norms. The decision was taken at the 193rd meeting of ESIC under the chairmanship of Union Minister Bhupender Yadav, a labour ministry statement said. The ESIC approved a proposal to provide medical benefits to the insured superannuating workers who went out of the ESI Scheme coverage due to exceeding the wage ceiling, if the worker was under insurable employment for at least 5 years before superannuation/ voluntary retirement, it stated. The persons who were in the insurable employment for at least 5 years after April 1, 2012 and superannuated/voluntarily retired on or after April 1, 2017 with wages up to Rs 30,000 per month will be benefitted under the new scheme. To augment the service delivery mechanism in North-Eastern states to fulfil the vision of Act East Policy of the government, the ESIC relaxed the existing norms for establishment

ESIC considers to extend medical benefits to unorganised, gig workers

Employees' State Insurance Corporation has already initiated several discussions with various stakeholders

ESIC adds 1.6 million new members in November, 317K females: Payroll data

The Employees' State Insurance Corporation (ESIC) added 15.92 lakh new members in November 2023, according to provisional payroll data released on Tuesday. Around 20,830 new establishments were registered and brought under the social security umbrella of ESIC in November ensuring more coverage, the labour ministry said in a statement. The data shows that more jobs were generated for the youth during the month as out of the total 15.92 lakh employees added, 7.47 lakh, which constituted 47 per cent of the total registrations, were up to the age group of 25 years. Net enrolment of female members was 3.17 lakh in November 2023, according to the data. A total of 58 transgender employees were registered under ESI Scheme in November. It shows that ESIC is committed to delivering its benefits to every section of the society, the ministry stated. The payroll data is provisional since the data generation is a continuous exercise.

ESIC leads in providing social security benefits by formalising workforce

ESIC is the primary government scheme that provides socio-economic protection against sickness, maternity, disablement, and death due to work-related injuries to employees in the organised sector

ESIC adds around 1.7 million new subscribers in October: Payroll data

The Employees' State Insurance Corporation (ESIC) added 17.28 lakh new members in October, according to provisional payroll data released on Friday. Around 23,468 new establishments have been registered and brought under the social security umbrella of the ESIC in October 2023, ensuring more coverage, the Labour Ministry said in a statement while releasing the payroll data. Around 17.28 lakh new employees have been added in October 2023, the ministry said. More jobs have been generated for the youth as out of the total 17.28 lakh employees added, 8.25 lakh employees up to the age group of 25 years constitute new registrations, which is 47.76 per cent of the total employees. Net enrollment of female members was 3.31 lakh in October, according to the data. A total of 51 transgender employees were registered under the ESI Scheme in the month of October. It shows that ESIC is committed to deliver its benefits to every section of the society, the ministry stated. The payroll data is

Employees' State Insurance adds 1.8 million new members in September

Employees' State Insurance Corporation (ESIC) has added 18.88 lakh new workers under the ESI Scheme in September, as per the latest payroll data. Around 22,544 new establishments have been registered and brought under the social security umbrella of the ESIC in September, thereby ensuring more coverage, a labour ministry statement said. The provisional payroll data of ESIC revealed that 18.88 lakh new employees have been added in September, it said. Data revealed that more jobs have been generated for the youth as of the 18.88 lakh employees added during the month, 9.06 lakh employees up to the age group of 25 constitute the majority of new registrations which is 47.98 per cent of the total employees, it stated. Gender-wise analysis of the data indicates that the net enrolment of women members was 3.51 lakh in September. The data shows that 61 transgender employees have also got registered under the ESI Scheme during the month. The payroll data is provisional since the data gener

Employees' State Insurance Corporation added 194,200 new members in August

The Employees' State Insurance Corporation (ESIC) added 19.42 lakh new subscribers in August, according to provisional payroll data. "The provisional payroll data of ESIC reveals that 19.42 lakh new employees have been added in the month of August, 2023," the Ministry of Labour & Employment said in a statement on Friday. According to the data, around 24,849 new establishments have been registered and brought under the social security umbrella of the Employees' State Insurance Corporation in the month of August, 2023, thus ensuring more coverage. Data revealed that more jobs have been generated for the youth of the nation, as out of the total 19.42 lakh employees added during the month, 9.22 lakh employees up to the age group of 25 years constitute new registrations, which is 47.48 per cent of the total employees. Gender-wise analysis of payroll data indicates that net enrolment of female members has been 3.73 lakh in August, 2023. The data shows that a total 75 transgender ...

Over 1.94 million new workers enrolled under ESI Scheme in August

According to the official release, around 24,849 new establishments have been registered and brought under the social security umbrella of the ESIC in August 2023, thus ensuring more coverage

Parliamentary committee seeks annual review of ESIC investment policy

This comes as interest received by it from govt bonds has seen a decline

1.98 mn new workers enrolled under health insurance scheme ESI in July

Employees' State Insurance Corporation added 19.88 lakh new workers under its health insurance scheme ESI in July 2023. The provisional payroll data of ESIC shows that 19.88 lakh new employees were added in the month, a labour ministry statement said. Around 27,870 new establishments were registered and brought under the social security umbrella of ESIC in the month under review, thus ensuring more coverage, it said. The data shows that more jobs were generated for the youth as out of the total 19.88 lakh employees added during the month, 9.54 lakh were up to the age of 25 years, constituting the majority of new registrations. Gender-wise analysis of the payroll data indicates that net enrolment of female members was 3.82 lakh in July 2023. The data shows that total 52 transgender employees were registered under ESI (Employees State Insurance) scheme in July 2023. The payroll data is provisional since data generation is a continuous exercise.

India economy added 52 million new formal jobs in FY20-23: Report

The economy has added around 5.2 crore new formal jobs between FY20 and FY23, with the net addition being 2.7 crore, according to a report based on an analysis of the EPFO, NPS and ESIC data. The government has since April 2018 releasing monthly payroll data from the Employees Provident Fund Organisation or EPFO, the National Pension Scheme or NPS and the Employees State Insurance Corporation or the ESIC, based on the recommendations given by Ghosh & Ghosh report. The EPFO payroll data trends for the past four years show that net new EPF subscriber addition during FY20-23 was 4.86 crore, which consists of new payroll (first payroll), second payroll (rejoined/resubscribed members) and formalised payrolls. Accordingly, the net new payroll (first job/fresh job) adjusted for re-joined/re-subscribed members and formalisation (based on ECR data), shows that the actual net new payroll was 2.27 crore during FY20-23, SBI Research said in a report Tuesday. Of this, the first jobs were 47 ...

Under new labour laws, unused leaves beyond 30 will be paid for by employer

The new regulation will do away with the system where unused leaves used to lapse beyond a certain time limit

2.2 mn new workers including 71 transgenders enrolled under ESIC in June

The Employees' State Insurance Corporation (ESIC) added 20.27 lakh new members under the Employees State Insurance Scheme in June, the Ministry of Labour and Employment has said

ESIC added 2.02 million members, 24,298 new establishments in June

The Employees' State Insurance Corporation (ESIC) added 20.27 lakh new members under the Employees State Insurance Scheme in June. Around 24,298 new establishments were registered and brought under the social security umbrella of the ESIC in June. The provisional payroll data from ESIC reveals that 20.27 lakh new employees were added in June 2023, a labour ministry statement said on Thursday. As per the data, more jobs were generated for the youth. Out of the total 20.27 lakh employees added in June, 9.77 lakh employees were up to the age group of 25 years, which translates to 48.22 per cent of the total number. Gender-wise analysis of payroll data showed that net enrolment of female members stood at 3.87 lakh in June. A total 71 transgender employees were registered under the ESI Scheme during the same period.

Employees' State Insurance Corporation adds 20.23 lakh new members in May

Employees' State Insurance Corporation (ESIC) has added 20.23 lakh new subscribers in May 2023, according to the latest payroll data. The 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. According to the data, more jobs have been generated for the youth of the nation as out of the total 20.23 lakh employees added during May 2023, 9.40 lakh employees up to the age group of 25 years constitute the majority of new registrations, which is 47 per cent of the total employees. Gender-wise analysis of payroll data indicates that the net enrolment of female members has been 3.96 lakh in May 2023. The data also revealed that a total of 71 transgender employees have got registered under ESI Scheme in May 2023. I

ESIC adds 2.02 million new employees for the month of May: Payroll data

The Ministry of Labor and Employment said in a release that around 24,886 new establishments have been registered under the ESIC for the month of May

ESIC adds 1.79 mn new subscribers in April 2023, says payroll data

Gender-wise analysis of payroll data indicates that enrolment of net female members has been 3.53 lakh in April 2023

With fewer than 15 days to deadline, check how to apply for higher pension

Those willing to apply for a higher pension under EPS can do so until June 26, 2023

Over 3,000 rules for retail sector to follow, 37% bring risk of jail time

These requirements include maintenance of records, returns, and filings under the Payment of Bonus Act, 1965; Minimum Wages Act, 1948, Employees' State Insurance Act, 1948, among others