The Employees’ State Insurance (ESI) Scheme is one of the most popular schemes in India and applies to employees engaged in various economic sectors in entire India. This ESI scheme is administered and regulated by an autonomous and self-financing social security and labor welfare organization named ESIC, strictly as per the rules and regulations given in the Indian ESI Act of 1948.
The ESI scheme is applicable to all factories and other establishments as defined in the act with 10 or more persons employed in such establishment. The beneficiaries’ monthly wage does not exceed 21000 INR are covered under the scheme.
The scheme under the act also supports restaurants, motor road transports, newspaper establishments and undertakings, movies and purview theaters, hotels, shops. The threshold for coverage of establishment is 20 employees in Maharashtra and Chandigarh.
