In February 2025, India’s employment landscape witnessed a shift, with 1.54 million new employees joining the workforce, according to provisional payroll data from the Employees’ State Insurance Corporation (ESIC). While this figure marks a decline of 15.17% from January, it still reflects a growing trend in job creation. The latest statistics highlight a robust contribution increase from existing employees, with a 2% rise compared to the same month last year.
Growth in ESI Membership
The total number of ESIC contributing members climbed to 2.97 million in February, up from 2.91 million in 2024. This growth indicates a strengthening social security framework, benefiting both existing and new workers in India. Notably, approximately 736,000 of the new members are under the age of 25, signaling a bright future for young professionals entering the job market.
- New establishments: Around 23,526 new businesses joined the ESIC social security scheme in February, broadening the safety net for workers.
- Gender inclusivity: Women made up 335,000 of the new enrollments, and 74 transgender individuals also registered, highlighting progress in workplace diversity.
Comparison with Previous Months
In January, the ESIC reported 1.81 million new registrations, which included about 867,000 young employees. The fluctuation in numbers illustrates the dynamic nature of India’s job market as it adapts to evolving economic conditions.
Benefits of the ESIC Scheme
The ESIC offers numerous benefits designed to support employees, including:
- Medical insurance for work-related injuries.
- Coverage for retirees.
- Sickness benefits, providing 70% of wages during sick leave.
With the anticipation of new labor codes introduced by the central government in 2019 and 2020, employees are eager for advancements in wage regulations and social security measures. These codes aim to streamline 29 existing labor laws, creating a more cohesive framework for the workforce.
As the employment sector continues to evolve, the role of the ESIC in safeguarding workers’ rights and enhancing job security remains critical. The ongoing developments are essential for fostering a robust and inclusive labor environment in India.
For more insights on health insurance in India, check out our detailed analysis on the awareness and coverage statistics.