Blitz Bureau
NEW DELHI: As many as 20.58 lakh new employees were enrolled under the Employees’ State Insurance Corporation (ESIC) scheme during September this year, reflecting the higher number of jobs being created in the organised sector.
Data released by the Ministry of Labour and Employment on November 19 shows that out of the total 20.58 lakh employees added during the month, 10.05 lakh employees amounting to around 48.83 per cent of the total registrations belong to the age group of up to 25 years.
The figures also show that 23,043 new establishments have been brought under the social security ambit of the ESI Scheme in September, thus ensuring social security to more workers, the ministry said in a statement.
Further, the year-on-year analysis shows a growth of 9 per cent in net registrations compared to September 2023.
Also, the gender-wise analysis of the payroll data indicates that the net enrolment of female members was 3.91 lakh in September. Besides, a total of 64 transgender employees have also registered under the ESI scheme, which “attests to the commitment of ESIC to deliver its benefits to every section of the society.” The payroll data is provisional since the data generation is a continuous exercise and could be updated with more statistics coming in, according to the statement issued by the Government.
Electronics set to create 12 mn jobs
As the electronics industry in the country witnesses unprecedented growth, it is set to create 12 million (1.2 crore) jobs at a compound annual growth rate (CAGR) of 25-30 per cent.
The projections indicate the creation of 12 million jobs, encompassing 3 million direct and 9 million indirect roles, according to a report by TeamLease Degree Apprenticeship. However, a pressing deficit of 10 million trained professionals underscores the urgent need to bridge this gap to sustain and amplify India’s growth in the electronics sector, it added.
