The Employees' State Insurance Corporation (ESIC) in its latest payroll data report showed that around 14.24 lakh jobs were created in July 2019, higher than 12.49 lakh in the previous month. As per the National Statistical Office (NSO) report, gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19. The NSO report is based on the payroll data of new subscribers of various social security schemes run by the ESIC, retirement fund body EPFO and the Pension Fund Regulatory and Development Authority (PFRDA).
According to the report, around 2.83 crore new subscribers joined the ESI scheme during September, 2017 to July, 2019. Gross new enrolments with the ESIC during September 2017 to March 2018 were 83.34 lakh. A net of 11.61 lakh new enrolments with the Employees' Provident Fund Organisation (EPFO) were recorded in July, as compared to 10.75 lakh in June this year.
It further showed that during 2018-19, 61.12 lakh new subscribers on a net basis joined the social security schemes run by the EPFO. Similarly, the net new enrolments were 15.52 lakh during September 2017 to March 2018. It showed that during September, 2017 to July, 2019; around 2.65 crore new subscribers joined the EPF scheme.