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Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous organisation under Ministry of Labour and Employment, Government of India.As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable and immovable property and all incomes from the ...
The Employees' Provident Fund Organisation (EPFO) is one of the two main social security agencies under the Government of India's Ministry of Labour and Employment and is responsible for regulation and management of provident funds in India, the other being Employees' State Insurance.
The Atal Beemit Vyakti Kalyan Yojana (ABVKY) is a government welfare scheme initiated by the Central Government of India.Originally introduced as a pilot project for a duration of two years, the primary objective of the scheme is to provide financial support to individuals facing unemployment during the COVID-19 pandemic. [1]
ESIC is a Statutory and an Autonomous Body under the Ministry of Labour and Employment. For all employees earning ₹ 21,000 (US$240) or less per month as wages, the employer contributes 3.25% and the employee contributes 0.75%, total share 4%.
With more and more private companies in the sector, this situation is expected to grow more. ECGC, ESIC and AIC provide insurance services for niche markets. So, their scope is limited by legislation but enjoy some special powers. The majority of Western Countries have state run medical systems so have less need for medical insurance.
Parippally ESIC Medical College is a 500 bedded medical college with a total built-up area of 12,029 sqmtr. [7] [8] [9] The medical college was initially a project of ESI Corporation. Kodikunnil Suresh, the then Central Deputy Minister of Labour and Employment, announced the ESIC medical college project at Parippally in Kollam during 2012 ...
The Royal Commission on the Superior Civil Services in India was set up under the chairmanship of Lord Lee of Fareham by the British Government in 1923. [8] [6] With equal numbers of Indian and British members, the commission submitted its report in 1924, recommending setting up of a Public Service Commission. [9]
Health insurance in India is a growing segment of India's economy.The Indian healthcare system is one of the largest in the world, with the number of people it concerns: nearly 1.3 billion potential beneficiaries.