Ministry of Labour & Employment14-November, 2017 17:59 IST
ESIC Stall in the India International Trade Fair Inaugurated

Employees’ State Insurance Corporation, a statutory organization under Ministry of Labour & Employment and the implementing agency of the pioneering Social Security Scheme in the country is participating in India International Trade Fair (IITF-2017), New Delhi to raise the awareness amongst the people about its benefits. The ESIC Stall (Hall No.-12-01-D) at IITF was inaugurated by Sh. Raj Kumar, Director General, ESIC on 14th November 2017. ESIC promotes ‘Startups’ which is also the theme of IITF-2017.

ESIC has scaled up its efforts to promote ‘Startups’ and incentivizing the entrepreneurs in setting up new start-up ventures by not-conducting inspection of Startups for initial 03 years of establishment unless credible and verifiable complaint of violation is filed in writing and approval has been obtained from the higher authorities and thus facilitating ease of doing business.

The Employees’ State Insurance Corporation is a pioneer Social Security organization providing comprehensive social security benefits like reasonable Medical Care and a range of Cash Benefits in times of need such as employment injury, sickness, death etc. The ESI Act applies to premises/precincts where 10 or more persons are employed. The employees drawing wages up to Rs.21,000/- a month are entitled to health insurance cover and other benefits, under the ESI Act. The Act now applies to over 8.73 lakh factories and establishments across the country, benefiting about 3.18 crores family units of workers. As of now, the total beneficiary population of ESI Scheme stands over 12.02 crores. Ever since its inception in 1952, the ESI Corporation has, so far, set up 151 Hospitals and 1467 Dispensaries.

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SKP/IA
(Release ID :173501)