Volume : VIII, Issue : XI, November - 2019

THE EMERGING TRENDS IN ESI BENEFITS - a bird‘s eye view

Prof. P. Arun Kumar, K. G. K. Patnaik

Abstract :

As there are many changes taking place in industrial units pertaining to their manpower planning and management, the recent Govt. has taken a move to reduce the salary contributions from 6.5% to 4% of the industrial workers who are insured under ESI Act 1948. The main aim of Employees’ State Insurance Corporation (ESIC), is to provide medical, cash, maternity, disability, and dependent benefits to the insured. This Act applies to all the organizations with 10 or more employees, drawing a salary of up to Rs. 21,000. The scheme, is governed by the state–administered authorities. Researchers and experts believe that this move will impact the improved compliance and cover about 36 million employees working in more than 1.3 million organizations. In this paper, efforts were made to understand the influence of the recent trends in the ESI Contributions.

Article: Download PDF    DOI : https://www.doi.org/10.36106/paripex  

Cite This Article:

THE EMERGING TRENDS IN ESI BENEFITS‾A BIRD'S EYE VIEW, Prof. P.ARUN KUMAR, K.G.K.PATNAIK PARIPEX-INDIAN JOURNAL OF RESEARCH : Volume-8 | Issue-11 | November-2019

Number of Downloads : 188

References :