Can any one give information about wage celling of esic from 15000 to 25000
From India, Gurgaon
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1From India, Gurgaon
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The government has expanded the number of people eligible for Employees' State Insurance (ESI), which provides medical care to industrial workers and their dependents, by increasing the salary cap of beneficiaries to ₹25,000 from ₹15,000, ignoring opposition from employers. The labour ministry's move, which sceptics say is politically motivated as it comes in the run-up to a round of state elections and a national election next year, will directly benefit an additional 4.5 million industrial workers.
Benefits of the Revised Salary Ceiling
The revision in the ceiling means that all industrial workers who draw a salary of up to ₹25,000 will benefit from medical and hospitalization facilities at more than 1,550 clinics and hospitals that the Employees' State Insurance Corporation (ESIC) runs directly or has a tie-up with. Every month, eligible employees contribute 1.75% of their salary and employers contribute 4.75% to the ESI corpus.
“It will benefit millions of our industrial workers across India. Besides workers, it is their families who will also benefit from the increase in ceiling,” labour minister Sis Ram Ola said on Friday.
Decision Amidst Opposition
The decision was taken despite objections from employers' representatives at a closed-door meeting in Delhi on Thursday.
The last increase in the salary ceiling for ESI was made in May 2010, when it was raised to ₹15,000 from ₹10,000. Currently, around 15 million workers directly benefit from the employees' insurance provisions, and after the revision, the total number of insured people will increase to 20 million. If one includes beneficiaries from the families of the insured workers, at least 65 million people, largely in urban areas, will benefit from the scheme.
From India, Bangalore
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Benefits of the Revised Salary Ceiling
The revision in the ceiling means that all industrial workers who draw a salary of up to ₹25,000 will benefit from medical and hospitalization facilities at more than 1,550 clinics and hospitals that the Employees' State Insurance Corporation (ESIC) runs directly or has a tie-up with. Every month, eligible employees contribute 1.75% of their salary and employers contribute 4.75% to the ESI corpus.
“It will benefit millions of our industrial workers across India. Besides workers, it is their families who will also benefit from the increase in ceiling,” labour minister Sis Ram Ola said on Friday.
Decision Amidst Opposition
The decision was taken despite objections from employers' representatives at a closed-door meeting in Delhi on Thursday.
The last increase in the salary ceiling for ESI was made in May 2010, when it was raised to ₹15,000 from ₹10,000. Currently, around 15 million workers directly benefit from the employees' insurance provisions, and after the revision, the total number of insured people will increase to 20 million. If one includes beneficiaries from the families of the insured workers, at least 65 million people, largely in urban areas, will benefit from the scheme.
From India, Bangalore
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The government has expanded the number of people eligible for Employees' State Insurance (ESI), which provides medical care to industrial workers and their dependents, by increasing the salary cap of beneficiaries to ₹25,000 from ₹15,000, ignoring opposition from employers.
Expansion of ESI Eligibility
The labour ministry's move, which skeptics say is politically motivated as it comes in the run-up to a round of state elections and a national election next year, will directly benefit an additional 4.5 million industrial workers.
Benefits of the Revised Ceiling
The revision in the ceiling means that all industrial workers who draw a salary of up to ₹25,000 will benefit from medical and hospitalization facilities at more than 1,550 clinics and hospitals that the Employees' State Insurance Corporation (ESIC) runs directly or has a tie-up with. Every month, eligible employees contribute 1.75% of their salary and employers contribute 4.75% to the ESI corpus.
“It will benefit millions of our industrial workers across India. Besides workers, it is their families who will also benefit from the increase in ceiling,” labour minister Sis Ram Ola said on Friday.
Decision Amidst Opposition
The decision was taken despite objections from employers' representatives at a closed-door meeting in Delhi on Thursday.
Historical Context
The last increase in the salary ceiling for ESI was made in May 2010, when it was raised to ₹15,000 from ₹10,000. Currently, around 15 million workers directly benefit from the employees' insurance provisions, and after the revision, the total number of insured people will increase to 20 million. If one includes beneficiaries from the families of the insured workers, at least 65 million people, largely in urban areas, will benefit from the scheme.
From India, Bangalore
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Expansion of ESI Eligibility
The labour ministry's move, which skeptics say is politically motivated as it comes in the run-up to a round of state elections and a national election next year, will directly benefit an additional 4.5 million industrial workers.
Benefits of the Revised Ceiling
The revision in the ceiling means that all industrial workers who draw a salary of up to ₹25,000 will benefit from medical and hospitalization facilities at more than 1,550 clinics and hospitals that the Employees' State Insurance Corporation (ESIC) runs directly or has a tie-up with. Every month, eligible employees contribute 1.75% of their salary and employers contribute 4.75% to the ESI corpus.
“It will benefit millions of our industrial workers across India. Besides workers, it is their families who will also benefit from the increase in ceiling,” labour minister Sis Ram Ola said on Friday.
Decision Amidst Opposition
The decision was taken despite objections from employers' representatives at a closed-door meeting in Delhi on Thursday.
Historical Context
The last increase in the salary ceiling for ESI was made in May 2010, when it was raised to ₹15,000 from ₹10,000. Currently, around 15 million workers directly benefit from the employees' insurance provisions, and after the revision, the total number of insured people will increase to 20 million. If one includes beneficiaries from the families of the insured workers, at least 65 million people, largely in urban areas, will benefit from the scheme.
From India, Bangalore
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Dear Brijesh, Before starting a new thread, please use "Research" and look for the information. The new ceiling in ESIC had a long discussion in CiteHR just 8-10 days back.
From India, Bombay
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From India, Bombay
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Dear Al Unless & until the new Official Notification is published ,in respect of increase in salary cap of Rs.25,000/- , the existing notification would be applicable. Thk, Anil Sharma
From India, Pune
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From India, Pune
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Increase In Wage Ceiling And Death Benefits For Dependents For Schemes Under Haryana LWF.pdf