The global solution for human resource professionals, combines custom research, strategic white papers, country primers, webinars and OnDemand educational programs, and the expert guidance...
By Madhur Singh
Oct. 13—India's labor ministry has proposed to make 3 million more workers eligible for Employees' State Insurance (ESI), which provides health care to industrial workers and their dependents, by raising the qualifying salary cap from 15,000 rupees ($224) per month to 21,000 rupees ($314).
Under the Employees' State Insurance (Central) Amendment Rules, 2016, announced Oct. 6, all industrial workers earning a salary of up to 21,000 rupees would have access to medical care at more than 1,500 clinics and hospitals run by the Employees' State Insurance Corporation.
Employees contribute 1.75 percent of salary and employers 4.75 percent to the ESI fund each month.
The proposed amendment was announced shortly after major trade unions struck work across the country on Sept. 2 seeking, among other things, better wages and enhanced social security benefits, including improved medical care.
Unions have expressed concern, however, that since more and more employers are opting for a cost-to-company salary structure under which all contributions are drawn from the employee's own take-home salary, the wage ceiling hike may not actually benefit many workers.
The draft amendment is open for stakeholder comment until Nov. 6.
To contact the reporter on this story: Madhur Singh in Chandigarh at email@example.com
To contact the editor responsible for this story: Rick Vollmar at firstname.lastname@example.org
For more information on Indian HR law and regulation, see the India primer.
The proposed Employees' State Insurance (Central) Amendment Rules, 2016 are available in Englishhere.
Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)