ESIC may increase wage ceiling for insurance eligibility from ₹21,000 to ₹30,000 per month
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ESIC may raise wage ceiling to avail insurance benefits to ₹30,000
The Employees' State Insurance Corporation (ESIC) is considering raising the wage ceiling for insurance coverage from ₹21,000 to ₹30,000 per month. If implemented, this expansion would extend social security benefits to over 50 lakh additional workers, supplementing the existing 3.8 crore insured persons. The move aims to enhance formal sector coverage under the ESI Act, 1948, aligning with the government's vision of universal social protection. This development is significant for exams as it reflects labour welfare policy shifts and statutory body reforms.
Source: The Hindu. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
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Key points
Exam-ready takeaways
Proposed change would extend coverage to over 50 lakh additional workers
Currently 3.8 crore workers are insured under the Employees' State Insurance Act, 1948
ESI Corporation is a statutory body under Ministry of Labour & Employment
Scheme provides medical, sickness, maternity, disability, and dependants' benefits
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