Odisha CM approves Rs 200 cr package for poor affected due to coronavirus

Odisha Chief Minister Naveen Patnaik on Wednesday approved a special assistance package of Rs 200 crore for the poor and extremely poor families in the State affected due to COVID-19 pandemic

Odisha Chief Minister Naveen Patnaik on Wednesday approved a special assistance package of Rs 200 crore for the poor and extremely poor families in the State affected due to COVID-19 pandemic. Patnaik approved the package while reviewing the COVID-19 situation and its management in the state with senior government officials and Collectors through Video Conferencing.

“Chief Minister Patnaik emphasizing upon the revival of the rural economy, approved a special assistance package of Rs 200 crore for the poor and extremely poor families in the State affected due to COVID-19 pandemic. The special package will help the development of livelihood activities of rural poor, very poor and the migrants,” said an official release.

“Members of the Women Self Help Groups can revive their family enterprises through this package. It will also benefit rural, nano and micro-enterprises; skilled and semi-skilled migrant returnees and producer and enterpriser groups engaged in the agricultural and non-agricultural sector,” it added. Emphasizing upon reviving the rural economy, Chief Minister directed to provide more credit facilities in MSME, agriculture, fisheries and animal resources. He also directed to provide subsidised loans for small business activities to be undertaken by Women Self Help Groups…Read Full Story

1.2 million new jobs created in September 2019, show ESIC payroll data

Gross enrolments of new subscribers with the ESIC were 1.49 crore during the entire 2018-19 fiscal, the National Statistical Office (NSO) said in a report

Around 1.2 million jobs were created in September as compared to 1.3 million in August 2019, according to the payroll data of Employees’ State Insurance Corporation (ESIC). Gross enrolments of new subscribers with the ESIC were 1.49 crore during the entire 2018-19 fiscal, the National Statistical Office (NSO) said in a report. It also showed that during September 2017 to September 2019, around 3.10 crore new subscribers joined the ESIC scheme.

The NSO report is based on the payroll data of new subscribers of various social security schemes run by the ESIC, retirement fund body EPFO and the Pension Fund Regulatory and Development Authority (PFRDA).

It has been releasing the payroll data or new subscribers data of these three bodies since April 2018, covering a period starting from September 2017. The report showed that gross new enrolments with the ESIC during September 2017 to March 2018 were 83.35 lakh. A net of 9.98 lakh new enrolments with the Employees’ Provident Fund Organisation (EPFO) were recorded in September, as compared to 9.41 lakh in August this year.

During 2018-19, 61.12 lakh new subscribers on a net basis joined the social security schemes run by the EPFO. Similarly, the net new enrolments were 15.52 lakh during September 2017 to March 2018. It showed that during September 2017 to September 2019, around 2.85 crore new subscribers joined the EPF scheme.

The report said that since the number of subscribers are from various sources, there are elements of overlap and the estimates are not additive. The NSO said the present report gives different perspectives on the levels of employment in the formal sector and does not measure employment at a holistic level…