The number of subscribers of Employees State Insurance Corporation (ESIC) has increased by 3 percent i.e. 17.80 lakh in October. This information was given in the payroll data. The Ministry of Labor said in a statement that by October 2024, 21,588 new institutions have been brought under the social security ambit of the ESI scheme. Let us tell you that the responsibility of operating the ESI scheme lies with the Employees State Insurance Corporation. Employees get many benefits under this scheme.

The ESI scheme has been designed to provide social and financial security to employees. This scheme is operated by the Employees State Insurance Corporation. The ESI Scheme is run for those employees whose income is low. Employees working in private companies, factories, and factories get the benefit of this scheme.

Who can apply to the ESI scheme?

From January 1, 2017, only those employees can join this scheme whose salary is Rs 21 thousand per month or less. The company is responsible for enrolling employees in this scheme. In this, some fixed amount is deposited from the salary of the employee. In this, there is a rule of contribution of 1.75 percent of the salary from the employee's side and 4.75 percent of the employee's salary from the employer's side.

Which employers come under the purview of the ESI scheme?
Companies and establishments with 10 or more employees come under the purview of the ESI scheme. However, in Maharashtra and Chandigarh, establishments with 20 or more employees come under the purview of this ESI scheme.

Employees get these big benefits in the ESI scheme

In this, an ESI card is issued to the employee. If someone wants to avail of the benefit of free treatment under the ESI scheme, then he has to go to the ESI dispensary or hospital. Through this scheme, apart from the insured person, the family members dependent on him are also given the facility of free treatment. Retired employees and permanently disabled insured persons and their spouses are provided medical care at an annual premium of Rs 120.

The insured person is paid cash compensation at the rate of 70% of wages for a maximum of 91 days in a year for sick leave.

During maternity leave, women are paid 100% of their average wages for up to 26 weeks in case of delivery and 6 weeks in case of miscarriage.

If an insured employee dies during employment, the dependents are paid a monthly pension in a fixed ratio. The pension is divided into three parts - first, the wife of the insured person, second, the children and third, the parents.

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