Nearly 1.2 crore jobs created in 10 months till June: CSO report

NEW DELHI: Nearly 1.2 crore jobs had been created in the nation in the 10-month duration till June this year, as in line with a Central Statistics Office (CSO) record.

The CSO's employment outlook record is in line with the new member enrolments with retirement fund body EPFO, Employees' State Insurance Scheme (ESIC) and NPS.

According to the record, as many as 1,19,66,126 new members joined the medical health insurance scheme Employers State Insurance (ESI) of the ESIC throughout September 2017 to June 2018, with best collection of new member enrolments in May this year at 13,18,395.

Similarly, as many as 1,07,54,348 new members joined the Employment Provident Fund Organisation (EPFO) while 60,40,616 persons ceased to be its members throughout the 10-month duration.


The estimated general collection of new NPS (National Pension Scheme) subscribers throughout the duration is 6,10,573, the record said.


The CSO has launched the record on employment outlook overlaying the duration September 2017 to June 2018. It is in line with the executive records to be had with selected executive agencies (EPFO, ESIC and PFRDA) to assess the progress in sure dimensions, an respectable observation said.


The CSO said the record offers different views at the levels of employment in the formal sector and does no longer measure employment at a holistic degree.


The Ministry of Statistics and Programme Implementation introduced out the first liberate of employment related statistics in the formal sector in April 2018, overlaying the duration September 2017 to February 2018, using data at the collection of subscribers who have availed benefits below 3 primary schemes -- EPFO, ESIC and NPS.
Nearly 1.2 crore jobs created in 10 months till June: CSO report Nearly 1.2 crore jobs created in 10 months till June: CSO report Reviewed by Kailash on August 24, 2018 Rating: 5
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