ESIC reports 12.24 lakh new members joined in March 2021
ESIC is running social security scheme, which shows a rise in the number of members joining. For March, ESIC observed around 12.24 lakh new members as against 11.77 lakh in February.
Gross new enrolments with the Employees' State Insurance Corporation (ESIC) were 8.87 lakh in June 2020, 4.89 lakh in May and 2.63 lakh in April. This shows the increase in enrolments after easing the lockdown, as per the data.
In 2020 due to the global pandemic, 2020 observed a dip in enrolment. In July 2020, gross enrolments dipped to 7.63 lakh but improved to 9.5 lakh in August, 11.58 lakh in September and 12.13 lakh in October 2020. It again dipped to 9.58 lakh in November 2020.
The NSO report showed that gross enrolment of new subscribers with ESIC was 1.49 crore in 2018-19. From September 2017 to March 2018, around 83.35 lakh new subscribers had joined the ESIC scheme.
The report said gross new enrolments with ESIC from September 2017 to March 2021 period were nearly five crores. The report is based on the payroll data of new subscribers of various social security schemes run by ESIC, Employees' Provident Fund Organisation (EPFO) and Pension Fund Regulatory and Development Authority (PFRDA). It has been releasing the data of these bodies since April 2018, covering the period starting from September 2017.
According to the report, net new enrolments with retirement fund body EPFO stood at 11.21 lakh in March, down from 11.28 lakh in February 2021.
