deenuram Started The Discussion:
The ESI Corporation has approved to enhance wage ceiling from Rs 10,000 per month to Rs15,000 per month for coverage of employees under the ESI Scheme in its 149th meeting held on Friday under the chairmanship of Union Minister of Labour and Employment Mallikarjun Kharge.
Union Minister of State for Labour and Employment Harish Rawat and the vice-chairman, ESIC, were also present in the meeting.
Keeping in view the increase in cost of living index and recommendations of the Parliamentary Standing Committee on Labour, the corporation increased the wage ceiling limit for coverage of the employees under the ESI Scheme.
This will help the corporation to provide social security net to more and more employees of the organised sector.
Every one says that it very nice steps. May i know that How it is good and useful to all. if you calculate the amount on 14500 pm - Employee Contribution 1.75% = Rs. 254 and Employers @4.75% = Rs. 689 total amount will pay =254+689= Rs. 943 very month it means =943*12=Rs. 11316 per annu.
If you see point view on facility ESIC not provide good service for the same. for example if you go for any treatment. you will wait for 1 hours to 2 hours after they forward you to another Dr. or another Department then you will go for Dispensary to take your medicane it will take 1 to 2 hours in q.
One question to all of you How many employee take benefits from ESIC?
As per my view only 25 %. I was covered ESIC around 2 years but i have not go for any treatment in between the period.
if you invest such amount at Mediclaim you can get more and good facility comparison to ESIC. you will invest only around 3000 per annu.
I am not a client of Medicalim company but i am employee of PVT Ltd. co. as HR- Executive.
as per my view it is not good for us. What is your views please reply to us.
Found This Useful? +Vote Up This Page Via Google.
Why Vote? User validation is extremely important for good content to prosper.
Disclaimer: This network and the advice provided in good faith by our members only facilitates as a direction towards the actions necessary. The advice should be validated by proper consultation with a certified professional. The network or the members providing advice cannot be held liable for any consequences, under any circumstances.
Explore Topical Knowledge Areas
Topic Categories >> income tax free of cost ceiling limit medical policy tax return central govt social security insurance employee state insurance esi limit Location-India-Madras job seekers minimum wages esic act esic coverage standing orders central government esic consultant knowledge sharing lady employee esic inspector esi limit enhanced labour law advisor insurance act state insurance esi corporation hr professional Complete List Of Categories
Interesting Relevant Discussions