ESI Corporation approves Enhancement of Wage Ceiling Limit from Rs. 10,000/- to Rs. 15,000/-
The ESI Corporation has approved an enhancement of the wage ceiling from Rs. 10,000/- per month to Rs. 15,000/- per month for the coverage of employees under the ESI Scheme in its 149th Meeting held today, i.e., on 19th February 2010, under the chairmanship of Shri Mallikarjun Kharge, Union Minister of Labour and Employment. Shri Harish Rawat, Union Minister of State for Labour & Employment and Vice-Chairman, ESIC, was also present at the meeting.
Considering the increase in the cost of living index and recommendations of the Parliamentary Standing Committee on Labour, the Corporation increased the wage ceiling limit for the coverage of employees under the ESI Scheme. This decision will help the Corporation provide a social security net to more employees in the organized sector.
The Corporation also decided to enhance the benefit rates for Permanent Disablement and Dependents' Benefit for beneficiaries who are on the rolls of ESIC to receive lifelong benefits under these two types of benefits. These benefits entitle the beneficiaries to receive a monthly amount for their whole life in case of disablement and death. This adjustment aims to compensate the beneficiaries against the erosion in the real value of these monthly benefits due to inflation.
In the meeting, the ESI Corporation also approved the Revised Estimates of ESIC for the current financial year and the Budget Estimates for the year 2010-2011. An Amnesty Scheme has been approved by the Corporation for the withdrawal of criminal cases filed against Insured Persons and Employers under Sections 84, 85, and 85-A of the ESI Act, 1948, and the settlement of cases filed by employers under Section 75 of the ESI Act. The provision of primary and secondary medical care services in areas/districts where the existing ESI Hospitals are more than 25 Kms away and the population of Insured Persons is over 25,000 has also been approved by the Corporation in today's meeting.
(R.K. Gautam) Dy. Director (PR) Mob.- 09810998316
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