Sunday, April 20, 2025

ESI Scheme Records 6.95% Growth in Worker Enrollments in January 2025

- Advertisement -

Employees’ State Insurance Corporation (ESIC) has reported a significant milestone in January 2025, with 18.19 lakh new workers enrolling under the Employees’ State Insurance (ESI) Scheme.

This development reflects the growing reach of the scheme, which provides social security benefits to workers in India.

The Ministry of Labour and Employment has released data on the ESI Scheme’s recent performance.

This data emphasizes the scheme’s importance in providing financial and medical security to employees across different sectors.

Key Highlights of ESI Scheme Enrollment Data

The provisional payroll data for January 2025 reveals several noteworthy trends:

  • Youth Dominance: Out of the total 18.19 lakh new enrollments, 8.67 lakh workers, accounting for approximately 47.66%, belong to the age group of up to 25 years. This indicates a significant influx of young workers into the formal employment sector.
  • Gender Representation: The gender-wise analysis shows that 3.65 lakh female workers were enrolled in January 2025, reflecting the scheme’s inclusivity. Additionally, 85 transgender employees registered under the ESI Scheme during the same period, underscoring its commitment to reaching all sections of society.
  • New Establishments: A total of 27,805 new establishments were brought under the social security ambit of the ESI Scheme in January 2025. This marks a 36.56% increase compared to December 2024, showcasing the scheme’s expanding coverage.

Month-on-Month and Year-on-Year Comparisons

The data also provides insights into the scheme’s growth trajectory:

  • Month-on-Month Growth: Compared to December 2024, which saw 17 lakh new enrollments, January 2025 recorded an increase of 1.18 lakh workers, representing a 6.95% growth.
  • Year-on-Year Growth: In January 2024, 17.77 lakh workers were enrolled under the scheme. The January 2025 figure of 18.19 lakh represents a 2.34% increase, highlighting steady progress.

ESI Scheme January Data: Implications for Social Security

The ESI Scheme, managed by ESIC, is a crucial component of India’s social security framework.

It provides medical care, sickness benefits, maternity benefits, and other forms of financial assistance to workers and their families.

The significant increase in enrollments and establishments under the scheme indicates its growing acceptance and effectiveness in addressing workers’ needs.

Challenges and Opportunities

While the enrollment figures are encouraging, they also present challenges.

Ensuring timely delivery of benefits and maintaining transparency are vital for the scheme’s effectiveness.

Addressing the needs of a diverse workforce is another critical area that demands attention.

The inclusion of transgender employees is a significant positive step. However, additional efforts are necessary to ensure their complete integration into the workforce.

On the other hand, the growth in enrollments and establishments presents opportunities for further strengthening the scheme.

By leveraging technology and streamlining processes, ESIC can enhance its efficiency and reach.


Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates, Subscribe to our Channels. WhatsApp– Click HereGoogle News– Click HereYouTube â€“ Click Here, and LinkedIn– Click Here.

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Flipkart is hiring for various roles including WFH jobs, Apply

An e-commerce company, Flipkart is hiring for various roles in India...

BlackRock and Twitch combined sacked nearly 1100 employees

As 2024 has started the companies have started laying...

Harley-Davidson to pay the discretionary bonus in February

Harley-Davidson to pay the discretionary bonus in February Harley-Davidson Inc...

Infosys CEO Salil Parekh’s salary drops by 21%: Report

According to a report of Business Today, Infosys CEO...

TCS hiring freshers via the “TCS NQT”, last day to register 15 Jan

India’s largest IT service provider, TCS NQT registrations are...

Wipro’s Delaporte to be highest Paid CEO in IT Industry

Wipro's Thierry Delaporte to be highest Paid CEO in...

US-based Ahead to hire over 750 employees in India

According to PTI, Chicago-based enterprise Ahead on Wednesday announced...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor - Content at SightsIn Plus