Social security scheme News

Gross new enrolments with Employees' State Insurance Corporation (ESIC) were 10.74 lakh in April, 8.88 lakh in May, 10.62 lakh in June and 13.33 lakh in July this year, the latest data showed. During September 2017 to March 2018, around 83.35 lakh new subscribers joined the ESIC scheme. The report said gross new enrolments with ESIC from September 2017 to August 2021 were 5.56 crore.

The State Government Scheme ranks second with 11 per cent share. The central autonomous bodies (CAB) continued to account for the least number of subscribers of NPS with a share of 1 per cent. Total assets under management (AUM) for the National Pension System schemes saw a year-on-year growth of over 38 per cent.

Delhi govt has launched a new social security scheme and a portal for COVID-19 hit families Families who lost breadwinners and orphaned children will be provided monthly financial help, said CM Kejriwal

Over 230 banks and the Department of India Post have been involved in the implementation of the government`s flagship social security scheme that focuses on encouraging and enabling the subscribers to save for their retirement.

Amid concerns over rising incidents of farmer suicides in the country, the Narendra Modi-led government is planning to unveil an exclusive all-in-one insurance product for the farming community as part of its ongoing social security scheme.