ESIC Adds 18.86 Lakh employees in December 2023

ESIC Adds 18.86 Lakh employees In December 2023

Employees’ State Insurance Corporation (ESIC) added 18.86 lakh new subscribers, up 18.2 per cent month-on-month, in December 2023, its provisional data shows. The Employees’ State Insurance (ESI) scheme provides injury, disability, death, medical and maternity benefits to the unorganised sector employees.

The data shows about 23,347 new establishments were registered with ESIC in December 2023. Of the 18.86 lakh new subscribers, 8.83 lakh, or 47 per cent of the total, were youth. New female subscribers comprised 3.59 lakh, and 47 transgender employees.

Also read: ICICI Branch manager defrauded customers to meet performance targets

In November 2023, 15.92 lakh new employees and 20,830 new establishments joined ESIC. Of the total, 3.17 lakh were female employees, and 58 were trans-genders.

The scheme is governed under the Employees’ State Insurance Act, 1948, by ESIC under the Ministry of Labour and Employment. The scheme applies to all establishments, including road transport, construction sites, shops, cinemas, hotels, restaurants, and educational and media institutions, employing 10 or more people with an employee salary of up to Rs 21,000 per month. For disabled employees, the wage limit is Rs 25,000.

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