24/07/24 | 4:06 pm | ESIC

Print

ESIC reports surge in new worker enrollments in May 2024

The Employee State Insurance Corporation (ESIC) has reported a significant increase in the number of new workers enrolled under its scheme in May 2024. According to provisional payroll data, 23.05 lakh new employees joined the ESI scheme during this month.

In May 2024, 20,110 new establishments were also brought under the social security ambit of the ESI Scheme, ensuring more workers receive social security benefits. Year-on-year analysis shows a 14% growth in net registrations compared to May 2023. Specifically, 20.23 lakh new employees were registered in May 2023, while 23.05 lakh new employees were registered in May 2024, reflecting an increase of 2.82 lakh registrations.

The data reveals that out of the 23.05 lakh new employees added in May 2024, 11.15 lakh, or approximately 48.37%, belong to the age group of up to 25 years. Gender-wise analysis shows that 4.47 lakh female members were enrolled in May 2024. Additionally, 60 transgender employees registered under the ESI Scheme in May 2024, demonstrating ESIC’s commitment to providing benefits to every section of society.

RELATED ARTICLES

17 hours ago | EY IESA report

India’s semiconductor market projected to cross USD 200 billion by 2035: EY-IESA report

India's semiconductor market is projected to grow more than threefold from nearly 64 billion US dollars in 2026 to 200 billion US dollars by 2035, according to an EY-IESA report. The report, titled 'Semicon India 2.0: From capacity creation to ecosy...

19/09/26 | 2:03 pm | Indian Startups

Nearly half of recognised startups based in Tier-2, Tier-3 cities: PM Modi

Prime Minister Narendra Modi on Saturday said India's startup ecosystem is no longer confined to major cities, with youth from villages, towns and smaller cities playing an increasingly important role in the country's new economy. Addressing the 20t...

19/09/26 | 1:13 pm | Central Public Sector Enterprises

NLMC recommends monetisation proposals worth over ₹5,000 crore

The National Land Monetization Corporation Limited (NLMC) has recommended proposals involving assets worth more than ₹5,000 crore for monetisation as part of efforts to accelerate the utilisation of surplus land and building assets owned by Central...