Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated
Current Affairs:-Around 12.66 lakh occupations were made in May, a bit higher than 11.15 lakh employments in April this year, the Employees’ State Insurance Corporation (ESIC) finance information appeared.
Net enrolments of new endorsers with the ESIC were 1.49 crore during 2018-19, a report discharged by National Statistical Office (NSO) expressed.
The NSO report depends on the finance information of new endorsers of different government managed savings plans kept running by ESIC, retirement store body EPFO and Pension Fund Regulatory and Development Authority (PFRDA).
The NSO has been discharging the finance information or new supporters information of these three bodies since April 2018 covering a period beginning from September 2017.
The report demonstrated that gross new enrolments with the ESIC during September 2017 to March 2018 were 83.32 lakh.
It demonstrated that a net 9.86 lakh new enrolments with the Employees’ Provident Fund Organization (EPFO) were recorded during the period of May which was marginally lower than 10.15 lakh in April this year.
During 2018-19, 61.12 lakh new endorsers on a net premise joined the government managed savings plans kept running by the EPFO. Correspondingly the net new enrolments were 15.52 lakh during September 2017 to March 2018.
It said that since the quantities of supporters are from different sources, there are components of cover and the assessments are not added substance.
The NSO said in the report that the present report gives alternate points of view on the degrees of work in the formal division and does not gauge work at an all encompassing level.
Aditi Mehta 