New Delhi: The news of an economic slowdown in the country has been prominently in the headline of newspapers. Its negative impact is being seen in jobs. In the past, many large companies have laid off on a large scale. The government is on target of the opposition regarding this. Meanwhile, the Employees State Insurance Corporation (ESIC) has released the latest data on employment in the country. Accordingly, 14.24 lakh new jobs have been created in the country in July.
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According to a report by the National Statistics Office i.e. NSO, 1.49 crore new employed people joined ESIC in 2018-19. According to the data, 2.83 crore new subscribers have been added to the ESI scheme during September 2017 to July 2019. The NSO report is based on salary-register data to be registered in various social security schemes operated by ESIC, Employees Provident Fund Organization (EPFO) and Pension Fund Regulatory and Development Authority (PFRDA).
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It has been reported in the report that between September 2017 to March 2018, 83.34 lakh new shareholders were added to ESIC. In July, a total of 11.61 lakh new employed people have been associated with EPFO. Which is more than last June. Explain that the government has announced several big steps to deal with the economic slowdown. Now the ground effect remains to be seen.