Contribution - Employees State Insurance Act(1936), Industrial Laws Video Lecture | Industrial Laws - B Com

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[Music]
hi friends today's topic is employees
State Insurance Act 1948 or the II S I
act so first up what is this act you see
during the British I know of the British
Raj in India
hundreds of people used to work in the
factories owned by the Britishers when
these people fell sick they didn't have
the money to get themselves treated in
the hospitals so after India received
her independence the parliament passed
this act in 1948 to protect these very
people next who are benefited from this
act or what is the scope of this act
this act covers all employees whose
salary is less than 15,000 for month
it covers all factory workers except the
people working in mines difference
personal railway employees and the
employees of educational institutions
next how is the ESA corporation
administered well the Union Minister for
labour is the chairman on the each side
control corporation next how are the
benefits under the ESA Act financed well
the employer pays 0.1 4.75 percent of
the bills the employee himself pays 1.75
percent and the state and the central
government share the cost in the ratio
of 1 is to 7 finally comes the most
important topic of the benefits under
the ESI Act first is the medical
benefits in which full medical care
including the cost of diagnostic tests
and medicines is taken care of second is
the sickness benefit in which 50 percent
of the average daily wage is paid to the
employee for 91 days despite the fact
that he is absent from work during this
period third is the extended sickness
benefit in which wages is paid for two
years if the employee is diagnosed with
any of the 34 predetermined diseases
fourth is the enhanced Cygnus benefit in
which the employee is given
leave with full wage for seven days if
he undergoes vasectomy and 14 days if
she undergoes tuber - this is the
maternity benefit in which the employee
is given leave with full wage but twelve
weeks during pregnancy for the purpose
of safe confinement six weeks if she
undergoes miscarriage and 30 days if she
develops any other complications arising
out of pregnancy sixth is the temporary
disability benefit payments the employee
is paid 70% of his wage till his desire
ailment losses next is the permanent
disability benefit which is in which the
benefit is determined by Medical Board
next is the dependents benefit in case
of death as a result of employment
injury the dependents of the insured
person are paid 70% of the wages on a
monthly basis and Elizabeth's son or
daughter is entitled to the dependents
benefit up to the age of 18 but the
benefit is withdrawn if the daughter
miles earlier funeral benefits on the
benefit on the death of an insured
person the family this is five thousand
rupees from the ESI corporation on the
funeral expenses finally we have
addition on monthly payment of a fee
still the insured person and his family
members continue to get medical
treatment after per moment this
development or retirement thank you for
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