Should the government fix a minimum amount to be provided by the employer as accidental/medical insurance coverage for food delivery boys in India?

It is true that the food delivery industry is growing fast in India and a lot of people have been able to find work as delivery boys earning an average of Rs.15K - 40K per month. But as the increase in earnings depends on the number of deliveries made in a day, working long hours on the road, leading to rash driving and fatigue, the chances of accidents have been high for both the delivery boys and the people around them on the streets.
Does it therefore make sense for the government to fix a minimum coverage as insurance to be provided by the employer?

Already there is a law enacted by the government that the employees should be covered by Workmen Compensation Act or ESI Act. Why should there be any special legislature for this industry? I understand that there are small players who have not even covered these delivery boys under ESI and many have manipulated the salary by including the incentives they get so that they would be out of coverage of ESI. But they forget that if not covered by ESI, the employers are bound to pay huge compensation in case of accidents as provided under Employees Compensation Act and in order to cover it they should take policies to cover their employees under policies which suits the requirements of that Act. The irony is that for making the employees out of ESI coverage, they show the salary little above Rs 21000 by including incentives but when it comes to pay gratuity they exclude all such incentives. I think, the employers should first correct themselves and make use of the existing law and social security facilities available for their employees.