The National Statistical Office (NSO) under the Ministry of Statistics and Program Implementation delivers month to month information on payrolls in India. The information is expected to give a proper work point of view. Aside from EFP plot information, month to month information additionally incorporates supporter patterns of Employees' State Insurance Corporation and National Pension Scheme.
During the period September 2017 to February 2022, 6.34 crore new supporters have joined the Employees' State Insurance Corporation Scheme. The quantity of ESI endorsers during February 2022 declined from 12.99 lakhs in the earlier month (January) to 12.56 lakhs. Remarkably, ESI is relevant to organizations with in excess of 10 specialists. Though, EPF is relevant to organizations with in excess of 20 representatives.
Under the National Pension Scheme, 32.90 lakh new subscribers were added from September 2017 to February 2022 and contributed to NPS Central Government, State Governments and Corporate Schemes. NPS is applicable to any citizen of India who is between 18 to 70 years of age as on the date of submission of their application, whether resident or non-resident.
Since April 2018, the Ministry of Statistics and Program Implementation has been releasing data related to employment in the formal sector covering the period after September 2017 with three major schemes- Employees' Provident Fund (EPF) scheme, Employees' State Insurance (ESI) The information about the number of subscribers under the scheme and the National Pension Scheme (NPS) is used.
