Employees State Insurance (ESI)
Employees State Insurance (ESI) is a social security and health insurance scheme for Indian workers. It is a self-financing social security and health insurance scheme for Indian workers and their dependents, which is managed by the Employees' State Insurance Corporation (ESIC) according to rules and regulations stipulated in the ESI Act 1948. The ESI Act aims to provide social protection to employees in case of sickness, maternity, injury, or death due to employment-related incidents. Here are some key points about Employees State Insurance:

Eligibility
- Employees earning wages up to INR 21,000 per month are eligible for ESI coverage.
- The scheme is mandatory for employees covered under the Act.

Benefits
- Medical benefits: Covers medical expenses for the insured person and their family members.
- Sickness benefits: Provides cash benefits in case of temporary disablement due to sickness.
- Maternity benefits: Offers paid leave to female employees during pregnancy and childbirth.
- Disablement benefits: Provides financial assistance in case of permanent or temporary disablement.
- Dependent benefits: Offers financial assistance to dependents in case of the death of the insured person.

Contribution
- Both the employer and the employee contribute a percentage of the employee's wages to the ESI fund.
- The current rate of contribution is 1.75% of the employee's wages by the employer and 0.75% by the employee.

Administration
- The scheme is administered by the ESIC, which manages the funds and oversees the implementation of the scheme.
- ESIC also runs hospitals and dispensaries for providing medical care to insured persons.
In conclusion, Employees State Insurance is a crucial social security scheme that provides financial and medical benefits to Indian workers and their families, ensuring their well-being and security during times of need.