The NSO report showed gross enrolments of new subscribers with the ESIC were 15.1 mn in 2019-20, against 14.9 mn in the previous fiscal
Provisional payroll data released by the EPFO last month had shown that net new enrolments stood at 655,000 in June this year. The figure has now been revised down to 4,82,352
If only new payroll members are accounted for, there is still some way to go for getting back to pre-covid
The net new enrolments with the EPFO hover around 700,000 every month on an average
The NSO report is based on the payroll data of new subscribers of various social security schemes run by ESIC, retirement fund body EPFO and pension fund regulator PFRDA.
Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, a report released by National Statistical Office (NSO) stated
It is high time the government moved away from a survey-based approach of assessing employment growth in the country, and opted for payroll data