Archive · 24 May 2025
ESIC Job Creation Rises 5.8% in March, Adding 1.63 Million Employees
Imagine a big group that helps people who work, called ESIC.
In March, a lot more people started working and joined ESIC – about 1.63 million new workers!
Almost half of these new workers were young people, 25 or younger.
ESIC helps by giving money for medical care, if someone gets sick, and other things to people who make a certain amount of money.
The people who work and their employers both help pay for these benefits.
This means more people are getting help when they need it.
ESIC saw a 5.79% surge in new job creation in March.
1.63 million new employees registered with ESIC, up from 1.54 million in February.
Nearly half of new registrations were from individuals aged 25 or younger.
31,514 new establishments joined the ESIC social security umbrella.
ESIC provides medical care and cash benefits to employees earning up to Rs 21,000 a month.
- Who
- Employees and employers registered with ESIC.
- What
- ESIC saw an increase in job creation by 5.79% in March.
- When
- March
- Where
- Not explicitly mentioned.
- Why
- ESIC is a social security institution that provides benefits to employees, which could be a reason for the rise in job creation.
- Job Creation Increase
- 5.79%
- New Employees Registered
- 1.63 million
- Youth Employment
- 0.79 million
- New Establishments
- 31,514
- Monthly Earning Limit for Benefits
- Rs 21,000
- Women Registering
- 0.36 million
- Transgender Employees Registered
- 100