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ESIC scheme adds 13.22 lakh new members in August
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financialexpress.comA little over 13.22 lakh new subscribers joined the social security scheme run by the Employees’ State Insurance Corporation (ESIC) in August, the second highest number in a month so far in the current fiscal.
According to data released by the National Statistical Office (NSO), the total “number of newly registered employees & paying contribution during the month” with the ESIC in August was 13,22,530, a little lower than the previous month’s tally of 13,33,584.
The Employees’ State Insurance Act, 1948, is applicable to non-seasonal, manufacturing establishments employing 10 or more workers. The wage ceiling is Rs 21,000 per month.
Since April 2018, the ministry of statistics and programme implementation (MoSPI) has been bringing out the
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