ESIC Adds 16.47 Lakh New Members in April, Youth Employment Soars

The Employees' State Insurance Corporation (ESIC) added 16.47 lakh new members in April 2024, with nearly 48% of the new registrations being youth under the age of 25. Additionally, 3.38 lakh female employees and 53 transgender employees were enrolled, and 18,490 new establishments were covered under the ESI Scheme.

In a significant boost for youth employment, the Employees' State Insurance Corporation (ESIC) registered 16.47 lakh new members in April 2024. Notably, 7.84 lakh employees, representing approximately 47.60% of total registrations, were individuals aged up to 25, indicating robust job generation for the younger demographic.

The labour ministry's statement highlighted the gender diversity in the new enrollments, with 3.38 lakh female members and 53 transgender employees joining the ESI Scheme in April. This move underscores ESIC's commitment to offering benefits to all societal sections.

Additionally, around 18,490 new establishments have been integrated into the ESI Scheme's social security network, ensuring broader worker coverage. It's important to note that the payroll data remains provisional as updates are part of an ongoing process.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)