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Formal job creation under the Employees State Insurance Corporation (ESIC) fell 7.5% in November, with 1.59 million new employees added. This is the lowest new subscriber addition under ESIC in the current fiscal. Around 20,830 new establishments have been registered and brought under the social security umbrella of ESIC in November, ensuring more coverage.
May 20, 2021 × The addition had consistently improved from the second quarter with the upward swing in the ratio of female subscribers. The EPFO has added around 11.22 lakh net subscribers in March this year, says the provisional payroll data released by the Union Labour Ministry on Thursday. The Ministry said the cumulative net payroll addition for this year is almost at par with last year, with 77.08 lakh net additions to subscribers base. The data said net subscribers addition had improved consistently from the second quarter after taking a hit in the first quarter due to Covid 19 pandem...