ESIC Act
ESIC Act
The promulgation of Employees’ State Insurance Act, 1948 imagined an incorporated need based social insurance system that would protect the interest of workers in eventualities such as sickness, maternity, impermanent or permanent physical disability, and death due to work injury resulting in loss of salaries or earning capacity. The Act also assures fairly good medical care to workers and their immediate dependants.
The ESI Act 1948 rendered the conceptual break by in the growth of a social security scheme that has over the year’s metamorphosis into the nations biggest worker welfare programme in terms of geographical reach, statistic coverage and multi-faceted services. The Act further absolved the employers of their duties under the Maternity Benefit Act, 1961 and Workmen’s Compensation Act 1923. The benefit furnished to the employees under the Act is also in accordance with ILO patterns.