Friday, 25 November 2016

Employees’ State Insurance Act, 1948




Employees’ State Insurance Act, 1948
Parliament has enacted a number of legislationsin the area of social security for the workers.The Employees’ State Insurance Act waspromulgated by the Parliament of India in the year 1948. It was the first major legislation onSocial Security in independent India to provide certain benefits to the employees in the organized sector in case of sickness, maternity and employment injury. The Central Government established a Corporation to be known as the 'Employees' State Insurance Corporation is the premier social security organization in the country. It is the highest policy making and decision taking authority under the ESI Act and oversees the functioning of the ESI Scheme under the ESIAct. For the administration of the of Employees’ State Insurance scheme , the Employees’ State Insurance Corporation Standing Committee and Medical Benefit Council have been constituted. Further, ESI Fund has been created which is held and administered by ESI Corporation through its executive committee called Standing Committee with the assistance, advice and
expertise of Medical Council and Regional and Local Boards and Committees

"The Employees’ State Insurance Act, 1948 provides an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of wages or earning capacity. The Act also guarantees reasonably good medical care to workers and their immediate dependants"



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