1.24 mn jobs created in Oct, marginal rise from Sept: ESIC payroll data
Around 1.24 million jobs were created in October as compared with 1.23 million in the previous month, according to payroll data of Employees' State Insurance Corporation (ESIC). Gross enrolments of new subscribers with ESIC were 1.49 crore during the entire financial year 2018-19, the National Statistical Office (NSO) said in a report. It also showed that during the September 2017-October 2019 period, around 3.22 crore new subscribers joined the ESIC scheme. The NSO report is based on the payroll data of new subscribers of various social security schemes run by ESIC, retirement fund body EPFO and the Pension Fund Regulatory and Development Authority (PFRDA). It has been releasing the payroll data or new subscribers data of these three bodies since April 2018, covering a period starting from September 2017. The report showed that gross new enrolments with ESIC during the September 2017-March 2018 period were 8.3 million. Read More