- 15 lakh young employees up to the age group of 25 years constitute new registrations; amounting over 48% of total registrations
- 47 lakh female employees and 60 transgender employees enrolled in ESI Scheme in May 2024
- 20,110 new establishments registered under ESI Scheme in May 2024
NE BUSINESS BUREAU
NEW DELHI, JULY 24
The provisional payroll data of Employees’ State Insurance Corporation (ESIC) reveals that 23.05 lakh new employees have been added in the month of May 2024.
Around 20,110 new establishments have been brought under the social security ambit of the ESI Scheme in April thus ensuring social security to more workers, an official release said.
Further, the year-on-year analysis shows a growth of 14% in net registrations compared to May’2023.
| Year on Year Comparison | |||
| Head | May 2023 | May 2024 | Growth |
| Number of New employees registered during the month |
20.23 Lakh |
23.05 Lakh |
2.82 Lakh |
| Monthly Comparison | |||
| Head | April 2024 | May 2024 | Growth |
| Number of New employees registered during the month |
16.47 Lakh |
23.05 Lakh |
6.58 Lakh |
| Monthly Comparison | |||
| Head | April 2024 | May 2024 | Growth |
| Number of New establishments registered during the month |
18,490 |
20,110 |
1,620
|
Through the data, it is noticeable that out of the total 23.05 lakh employees added during the month, 11.15 lakh employees amounting to around 48.37% 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 net enrolment of female members has been 4.47 lakh in May, 2024. Besides, a total of 60 transgender employees have also got registered under 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.
