Payroll Data reveals ESIC Adds 16.47 Lakh Workers in April 2024
Around 18,490 new establishments were integrated into the ESI Scheme in April this year.
The Employees’ State Insurance Corporation (ESIC) has reported a significant surge in new employee registrations for April 2024, with 16.47 lakh new employees adding to its rolls.
Additionally, approximately 18,490 new establishments have been integrated into the ESI Scheme in April this year.
The initial data shows a positive trend in job creation for the nation's youth. Out of the total of 16.47 lakh new employees, 7.84 lakh, which is approximately 47.60% of the total registrations, are in the age group of up to 25 years. This suggests a strong growth in employment opportunities for young individuals entering the workforce.
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Gender-wise segment analysis of the payroll data shows that the net enrolment of female members stood at 3.38 lakh in April 2024. In addition, 53 transgender employees were also registered under the ESI Scheme during the same period.
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