16.27 Lakh New Employees added under ESI Scheme in Jan 2023

As per the provisional payroll data of Employees’ State Insurance Corporation (ESIC), 16.27 lakh new employees have been added in the month of January, 2023. A year-on-year comparison of payroll data reflects an increase of 17.88 lakh employees who paid contribution in ESI Scheme in January 2023 as compared to January 2022.

According to data, the Employees’ State Insurance Corporation has registered over 22,800 new businesses that offer their employees social security coverage.

7.52 lakh employees under the age of 25 have been registered out of the total 16.27 lakh employees added during the month. This shows that the youth of the nation are getting good employment opportunities in the country.