The Employees' State Insurance (ESI) Act, 1948, was amended in 2010 to enhance the social security benefits provided to employees in India. The ESI Amendment Act 2010 introduced various changes aimed at improving the coverage and benefits under the ESI scheme. Some key amendments included:
⭐ Extension of coverage: The amended act expanded the applicability of the ESI scheme to more establishments and employees, thereby increasing the number of individuals eligible for ESI benefits.
⭐ Increase in wage threshold: The wage threshold for coverage under the ESI scheme was raised, ensuring that more employees with higher wages could avail of the benefits offered under the scheme.
⭐ Enhancement of medical benefits: The amended act focused on enhancing the medical benefits provided to insured persons and their dependents, ensuring access to quality healthcare services.
⭐ Digital initiatives: The ESI Amendment Act 2010 also emphasized the adoption of digital technologies to streamline processes, improve service delivery, and enhance transparency within the ESI system.
⭐ Compliance requirements: Employers were required to adhere to the revised compliance requirements outlined in the amended act to ensure the seamless implementation of the changes.
For detailed information on the specific provisions and implications of the ESI Amendment Act 2010, it is recommended to refer to the official documentation and guidelines provided by the Employees' State Insurance Corporation (ESIC) in India.
From India, Gurugram
⭐ Extension of coverage: The amended act expanded the applicability of the ESI scheme to more establishments and employees, thereby increasing the number of individuals eligible for ESI benefits.
⭐ Increase in wage threshold: The wage threshold for coverage under the ESI scheme was raised, ensuring that more employees with higher wages could avail of the benefits offered under the scheme.
⭐ Enhancement of medical benefits: The amended act focused on enhancing the medical benefits provided to insured persons and their dependents, ensuring access to quality healthcare services.
⭐ Digital initiatives: The ESI Amendment Act 2010 also emphasized the adoption of digital technologies to streamline processes, improve service delivery, and enhance transparency within the ESI system.
⭐ Compliance requirements: Employers were required to adhere to the revised compliance requirements outlined in the amended act to ensure the seamless implementation of the changes.
For detailed information on the specific provisions and implications of the ESI Amendment Act 2010, it is recommended to refer to the official documentation and guidelines provided by the Employees' State Insurance Corporation (ESIC) in India.
From India, Gurugram
Engage with peers to discuss and resolve work and business challenges collaboratively - share and document your knowledge. Our AI-powered platform, features real-time fact-checking, peer reviews, and an extensive historical knowledge base. - Join & Be Part Of Our Community.