ESIC adds 20.74 lakh new workers and 28,917 establishments in August 2024
On 26 October 2024, in India, provisional ESIC payroll data showed 20.74 lakh new employees and 28,917 new establishments added under the ESI Scheme in August 2024.
Summary
On 26 October 2024, in India, the Ministry of Labour and Employment released provisional payroll data of the Employees' State Insurance Corporation (ESIC) showing that 20.74 lakh new employees were added in August 2024 and 28,917 new establishments were brought under the ESI Scheme. Net registrations grew 6.80% year on year. Of the new employees, 9.89 lakh (about 47.68%) were aged up to 25 years. Net enrolment of female members was 4.14 lakh, and 60 transgender employees were registered.
Key facts
- Month
- August 2024
- New employees
- 20.74 lakh
- New establishments
- 28,917
- Up to 25 years
- 9.89 lakh (about 47.68%)
- Female net enrolment
- 4.14 lakh
- Transgender employees
- 60
- YoY growth in net registrations
- 6.80%
Practice MCQs 3 questions
As per provisional ESIC payroll data released on 26 October 2024, how many new employees were added under the ESI Scheme in August 2024?
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Correct answer: B — 20.74 lakh
PIB, 26 Oct 2024: the provisional payroll data of ESIC reveals that 20.74 lakh new employees have been added in the month of August, 2024.
How many new establishments were brought under the ESI Scheme in August 2024 (PIB, 26 October 2024)?
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Correct answer: C — 28,917
PIB, 26 Oct 2024: 28,917 new establishments have been brought under the social security ambit of the ESI Scheme in August 2024.
Consider the following about ESIC payroll data for August 2024 (PIB, 26 October 2024): 1. About 47.68% of the new registrations belonged to the age group of up to 25 years. 2. Net enrolment of female members was 6.14 lakh. Which of the statements given above is/are correct?
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Correct answer: A — 1 only
PIB, 26 Oct 2024: 9.89 lakh employees, about 47.68% of the total, were aged up to 25 years (1 is correct). Net enrolment of female members was 4.14 lakh, not 6.14 lakh (2 is wrong).