yCash benefits under the scheme are generally liked with contributions paid. She also suggested that administration of medical benefit should be undertaken by the Employees’ State Insurance Corporation from the State Government. It basically provides for payment of benefits to workers in cases of sickness, maternity, injury, etc. Under the employer, 10 or more persons are employed. The benefits provided to the employees under the Act are also in conformity with ILO conventions. The section 46 of the Act envisages following six social security benefits :-Medical Benefit : Full medical care is provided to an Insured person and his family members from the day he enters insurable employment. In other words, employees of factories/establishments with 10 or more persons drawing wages up to Rs. benefits available under the ESI Act, 1948 and the formalities for obtaining the same. Amritesh is an experienced professional in the field of HR, Finance and Compliance. Retired and permanently disabled insured persons and their spouses are provided with the medical care on payment of Rs.120/- of a token annual premium. 21000 can avail this by the help of the employer. Act of 1948 covered all power using factories … The scheme envisaged by it is one of compulsory State Insurance providing for certain benefits in the event of sickness, maternity and employment injury to workmen employed in or in connection with the work in factories other than seasonal factories. for sharing personal views only. Bar of benefits under other enactments. It is mandatory to procure user consent prior to running these cookies on your website. Some of … ESI has 154 hospitals and 1500 dispensaries across India catering to the Individuals eligible under ESI Scheme. : 13.. ESI Act. An employer shall apply in Form-01 for coverage under the ESI Act, within 15 days after the Act becomes applicable to a fac­tory or establishment. The government reduced the contribution under the Employees' State Insurance Act from from 6.5% to 4% which it cleaned will benefit 3.6 crore workers and 12.85 lakh employers. Result of walk-in interview held on 05-01-2021 and 06-01-2021 for the post of 3 year senior resident, full time specialist, part time super specialist and homoeopathy physician [Omitted.] The major objective of the Act was to provide certain benefits to employees in case of sickness, maternity and injury (during employment) and for providing other benefits in relation to the main objectives. Benefits under the ActSix kinds of benefits are provided underthe Act: Sickness benefit Maternity benefit Disablement benefit Dependents’ benefit Medical benefit and Funeral expenses Advantages of ESIC Registration. Insured Persons receiving benefits under the ESI Act are not eligible for any benefits under the Workmen Compensation Act or Maternity Benefit Act. There are various benefits of registering under this scheme. • Gratuity payable on discharge. Medical benefit. If you continue browsing the site, you agree to the use of cookies on this website. 6. The E.S.I. 63. Amritesh is an experienced professional in the field of HR, Finance and Compliance. The Employees* State Insurance Act (ESI Act) was enacted with the object of introducing a scheme of health insurance for industrial workers. Employees’ State Insurance Scheme (ESI) is social security and welfare scheme aimed at providing medical care and other related benefits to the workers/employees working in various factories and establishments. I am making PPT on ESIC benefits and its unique feature to explain the employees and encourage them to avail the benefits under ESIC. Employer contributes 3.25% while Employee contributes 0.75% of the Salary to the ESI Fund. ESI is a Medical insurance for eligible Individuals and his/her immediate family members covered under the scheme. Section 71 of the ESI Act states that a benefit is payable upto and including the day of death. Why this ESIC Act, 1948 came into force: This Act is designed to complete the task of protecting “Employees” as defined in the ESI Act – 1948, against the hazards of Sickness, Maternity, Disablement or Death due to Employment injury and to provide full … Share This - x. G C Mohanta, BE(Mech), MSc(Engg), MBA, PhD(Mgt) Professor. Section 65 of the ESI Act specifies that where a person is entitled to more than one benefit he/she shall be entitled to choose which benefit he/she shall receive. See our User Agreement and Privacy Policy. [Act No. . Moreover, the appropriate state or central Govt. The Employees State Insurance Act, ESI Act for short, was enacted by the Government of India in 1948. Insured Persons receiving benefits under the ESI Act are not But opting out of some of these cookies may have an effect on your browsing experience. 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