Description :

Effective utilization of employee state insurance esi policy at e publishing sector security for workers in india the act envisages protection to workers in the organized sector in the case valsamma paul 1995 in her study suggested that the esi act1948 and the rules may be amended binding the employers to provide the employees with. 2 background of the study employees state insurance esi is a self financing social security and health insurance scheme for indian workers this fund is managed by the employees state insurance corporation esic according to rules and regulations stipulated there in the esi act 1948 esic is an autonomous. The employees state insurance act 1948 act no 34 of 1948 1 19 th april 1948 an act to provide for certain benefits to employees in case of sickness maternity and employment injury and to make provision for certain other matters in relation theret o. The employer must contribute 475 and employee must contribute 175 of the wages for esi the amount of contribution employees and employers share is to be deposited with the authorized bank state bank of india through online generated challan on or before 15th day of the succeeding month of month following the calendar month . Employee state insurance for a handful of contribution a bagful of benefits m gopinath hari krishna introduction the employee state insurance act esic 1948 is a piece of social welfare legislation enacted primarily with the object of providing certain benefits to employees in case of sickness maternity and