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Dear all
Our blog is now abuzz with the news that ESIC has hiked the wage ceiling limit for coverage to 15000 from 10000.
But we should be aware of the following facts:- The board of the corporation in its recent meet recommended the above hike. But this has to be ratified by the central cabinet under rule 50 of the ESI Act. Only then this could be effected. In the past, many a times the central govt had either postponed or deferred decisions on the proposals relating to ceiling hike, sent by the corporation. Hence until the cabinet vets the proposal, we cannot jump into any decisions. Once the cabinet approves it, a formal notification would be released and widely communicated in the media. In such a scenario the logically tentative date from which the rule could be implemented would be 01-04-2010, because this would be the starting date of a new contribution period.
From India, Madras
Our blog is now abuzz with the news that ESIC has hiked the wage ceiling limit for coverage to 15000 from 10000.
But we should be aware of the following facts:- The board of the corporation in its recent meet recommended the above hike. But this has to be ratified by the central cabinet under rule 50 of the ESI Act. Only then this could be effected. In the past, many a times the central govt had either postponed or deferred decisions on the proposals relating to ceiling hike, sent by the corporation. Hence until the cabinet vets the proposal, we cannot jump into any decisions. Once the cabinet approves it, a formal notification would be released and widely communicated in the media. In such a scenario the logically tentative date from which the rule could be implemented would be 01-04-2010, because this would be the starting date of a new contribution period.
From India, Madras
Hi every one can any body know whether minimum wages in delhi have been revised or not after august 2009 just like minimum wages increase in haryana.
From India, Delhi
From India, Delhi
Pls send me the notification of The ESI Corporation has approved to enhance wage ceiling from Rs 10,000 per month to Rs15,000 per month for coverage of employees under the ESI Scheme in its 149th meeting held on Friday under the chairmanship of Union Minister of Labour and Employment Mallikarjun Kharge.
From India, New Delhi
From India, New Delhi
Nobody have the notification till date, however its confirmis applicable w.e.f 1 April 2010...If any one have the notification copy ples share.
From India, New Delhi
From India, New Delhi
Kindly note that this is sent to you for an information. This will become effective only when the gazette notification is issued by the Central Government.
ESI Corporation enhances wage ceiling to Rs. 15,000/-
The ESI Corporation of which Director-General(DG) is Dr. C. S. Kedar has approved to enhance wage ceiling from Rs. 10,000/- per month to Rs.15,000/- per month for coverage of employees under ESI Scheme in its 149th Meeting held in Delhi on February 19, 2010 under the chairmanship of Mallikarjun Kharge Indian Minister for Labour and Employment. Harish Rawat Indian Minister of State for Labour & Employment and Vice Chairman, ESIC was also present in the meeting. Keeping in view the increase in cost of living index and recommendations of the parliamentary standing committee on labour, the Corporation increased the wage ceiling limit for coverage of the employees under the ESI scheme. This will help the Corporation to provide social security net to more and more employees of the organized sector. The Corporation also decided to enhance the benefit rates for permanent disablement and dependents’ benefit for those beneficiaries who are on the rolls of ESIC for getting life long benefits under these two types of benefits. These benefits entitle the beneficiaries to get a monthly amount for whole life in case of disablement and Death. This has been done to compensate the beneficiaries against erosion in the real value of these monthly benefits due to inflation. In the meeting, ESI Corporation had also approved revised estimates of ESIC for current financial year and Budget Estimates for the year 2010-2011. An Amnesty scheme was also approved by the Corporation for withdrawal of criminal cases filed against insured people and employers under Section 84, 85 and 85-A of ESI Act, 1948 and settlement of cases filed by the employers under 75 of the ESI Act. Provisions of primary and secondary medical care services in areas/districts where the existing ESI Hospitals are more than 25 Kms away and population of insured people is more than 25000 in the areas, was also by the Corporation in Friday’s meeting. It may be stated here that Dr. Kedar is a 1979 batch officer from Karnataka cadre & before becoming DG, ESIC was Joint Secretary in the Cabinet Secretariat
From India, Bangalore
ESI Corporation enhances wage ceiling to Rs. 15,000/-
The ESI Corporation of which Director-General(DG) is Dr. C. S. Kedar has approved to enhance wage ceiling from Rs. 10,000/- per month to Rs.15,000/- per month for coverage of employees under ESI Scheme in its 149th Meeting held in Delhi on February 19, 2010 under the chairmanship of Mallikarjun Kharge Indian Minister for Labour and Employment. Harish Rawat Indian Minister of State for Labour & Employment and Vice Chairman, ESIC was also present in the meeting. Keeping in view the increase in cost of living index and recommendations of the parliamentary standing committee on labour, the Corporation increased the wage ceiling limit for coverage of the employees under the ESI scheme. This will help the Corporation to provide social security net to more and more employees of the organized sector. The Corporation also decided to enhance the benefit rates for permanent disablement and dependents’ benefit for those beneficiaries who are on the rolls of ESIC for getting life long benefits under these two types of benefits. These benefits entitle the beneficiaries to get a monthly amount for whole life in case of disablement and Death. This has been done to compensate the beneficiaries against erosion in the real value of these monthly benefits due to inflation. In the meeting, ESI Corporation had also approved revised estimates of ESIC for current financial year and Budget Estimates for the year 2010-2011. An Amnesty scheme was also approved by the Corporation for withdrawal of criminal cases filed against insured people and employers under Section 84, 85 and 85-A of ESI Act, 1948 and settlement of cases filed by the employers under 75 of the ESI Act. Provisions of primary and secondary medical care services in areas/districts where the existing ESI Hospitals are more than 25 Kms away and population of insured people is more than 25000 in the areas, was also by the Corporation in Friday’s meeting. It may be stated here that Dr. Kedar is a 1979 batch officer from Karnataka cadre & before becoming DG, ESIC was Joint Secretary in the Cabinet Secretariat
From India, Bangalore
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ESIC Wage Ceiling enhancement Notification.pd f
ESIC approves enhancement of wage ceiling from 10.doc
ESIC Wage Limit Increased.JPG