ESIC Expands Social Security: A 3% Rise in New Enrolments
The Employees' State Insurance Corporation (ESIC) saw a 3% rise in new enrolments, reaching 17.80 lakh in October 2024, compared to the previous year. The addition includes 21,588 establishments under its scheme, boosting social security. Notably, a significant portion of new subscribers is under 25, with efforts inclusive of female and transgender workers.
- Country:
- India
In October 2024, the Employees' State Insurance Corporation (ESIC) recorded a notable 3% increase in new subscriber enrolments, adding a substantial 17.80 lakh members, according to recently released payroll data.
The labour ministry announced that 21,588 new establishments have joined the ESI Scheme, broadening social security coverage across more workers.
The data reveals a significant demographic insight: nearly 47.75% of the new enrollees are under 25, with notable inclusivity of female and transgender employees, reflecting ESIC's commitment to social security for all.
(With inputs from agencies.)
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