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The provisional payroll data of the Employees' State Insurance Corporation reveals that 23.05 lakh new employees have been added in May 2024, according to an official release on Wednesday.
According to an official PIB release from the Ministry of Labour and Employment, "1.15 Lakh Young Employees upto the Age Group of 25 years Constitute New Registrations; Amounting Over 48 per cent of total registrations. 4.47 Lakh Female Employees and 60 Transgender Employees Enrolled in ESI Scheme in May 2024. 20,110 New Establishments Registered under the ESI Scheme in May 2024." Further, the year-on-year analysis shows a growth of 14 per cent in net registrations compared to May 2023. As per the release, through the data, it is noticeable that out of the total 23.5 lakh employees added during the month, 11.15 lakh employees, amounting to around 48.37 per cent of the total registrations, belong to the age group of up to 25 years. Also, the gender-wise analysis of the payroll data indicates that the net enrolment of female members was 4.47 lakh in May 2024. Besides, a total of 60 transgender employees have also registered under the ESI Scheme in the month of May 2024 which attests to the commitment of ESIC to deliver its benefits to every section of the society. The payroll data is provisional since the data generation is a continuous exercise, said the release. ESIC stands for Employees' State Insurance Corporation, a statutory organization established by the Government of India in 1948 under the Ministry of Labour and Employment. ESIC's headquarters are in New Delhi, and it has a nationwide network of regional, sub-regional, and local offices. (ANI)
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