Good News: 14.33 lakh new jobs had been created within the nation, knowledge launched by Modi authorities

by Jeremy Spirogis
India's cleanest city for 4th consecutive time

There is nice information about employment within the nation that 14.33 lakh new jobs had been created in November final 12 months.

new Delhi: The excellent news about employment technology within the nation throughout the recession is that 14.33 lakh new jobs had been created within the formal sector of the nation in November final 12 months, which is greater than 17 % as of October 2019. According to the official knowledge launched on Friday by the central authorities, the employment technology figures within the formal sector of the nation elevated in November final 12 months in comparison with October.

According to the Employees State Insurance Corporation (ESIC) knowledge launched by the Central Statistics Office (NSO), 14,33,000 new staff joined the ESI scheme throughout November 2019 among the many staff working within the formal sector of the nation, whereas a month earlier in October 2019. In complete 12,60,229 staff had been concerned. <! –

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                 Thus, the variety of staff becoming a member of the ESI scheme elevated by 17.7 % throughout November 2019 as in comparison with the earlier month.

According to the NSO report, a complete of 1.49 crore new subscribers had been added with ESI throughout the monetary 12 months 2018-19 whereas a complete of three.37 crore subscribers had been added with the ESI scheme throughout September 2017 to November 2019. At the identical time, from September 2017 to March 2018, a complete of 83.35 new staff had been added with ESIC.

This report of the NSO is predicated on the info of the Employees 'Provident Fund (EPF) scheme, the Employees' State Insurance (ESI) scheme and the National Pension Scheme (NPS).

According to the report, 3,03,05,347 new prospects had been added to the EPF scheme from September 2017 to November 2019. At the identical time, 16,72,813 new prospects had been added with NPS from September 2017 to November 2019.

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