ESIC Scheme guide and How to apply

The ESIC scheme is a government scheme that provides for the welfare of employees in the unorganized sector. The scheme was launched by the Indian government in 2008 and it has been a great benefit to many people. The ESIC scheme is divided into two parts:

1) Employer’s contribution: For every employee, the employer is required to contribute 12% of their salary towards their ESIC account.

2) Employee’s contribution: Employees are required to contribute 8% of their salary towards their ESIC account.

What is the ESIC Scheme?

The ESIC Scheme is a social security scheme for employees in the unorganized sector. It was introduced by the government of India in 2008.

The ESIC Scheme has been designed for those who are not covered by any other social security scheme and have no other source of income. The ESIC Scheme provides coverage for the following:

• Death due to any cause
• Disability due to accident or sickness
• Old age pension
• Maternity benefits
• Medical treatment expenses including hospitalisation expenses up to Rs.10,000/- per family per year

Who Qualifies for the ESIC Scheme?

The Employees’ State Insurance Corporation (ESIC) Scheme is a contributory social insurance scheme for the employees of private companies.

In order to be eligible for ESIC, you need to be:

• A citizen of India
• Working in a company that pays ESIC contributions
• Not covered under any other social insurance scheme or voluntary health insurance
• Not drawing any income from any other source.

If you are not meeting one or more of these criteria, then you are not eligible for the ESIC Scheme.

How Much Does the ESIC Scheme Cost?

The ESIC scheme is a government initiative that helps to provide medical insurance to all the employees in India. It is a very affordable scheme and it is available for those who are employed in India.

The ESIC scheme was introduced by the Indian government back in 2008. The objective of this scheme was to provide medical insurance coverage to all the people who are employed in India. It was also meant to provide benefits like esic recruitment for those who are not covered under any other social security schemes.

The ESIC Scheme is available as an online registration process and it has been designed as a very affordable option for the people of India. It costs Rs 1,200 per year and it can be paid through various bank modes like NEFT, RTGS, DD or cash at post office counters.

How to Apply for the ESIC Scheme?

The ESIC Scheme is a government scheme that provides benefits to the employees of particular companies. It was introduced by the Ministry of Labour and Employment in order to provide social security to the workers in the unorganised sectors.

The ESIC Scheme is for those who are not eligible for any other social security schemes. For example, if you are employed, then you are eligible for both ESIC and EPF schemes, which would be more beneficial than just taking up ESIC alone.

However, there are certain criteria that need to be met before you can apply for this scheme. You will need to meet at least one of these criteria:

1) You work in an unorganised sector with no social security coverage

2) You have been working in an unorganised sector but your

Conclusion: The Complete Guide to the Indian Government’s New Social Security Plan

The Indian government has unveiled a new social security plan to provide a safety net for the country’s citizens.

The government has introduced a new social security plan which will provide a safety net for the country’s citizens. The scheme is expected to be launched in phases, with benefits being provided by 2022. The plan includes contributory and non-contributory pensions, health insurance, maternity benefits and unemployment insurance.

The contributory pension scheme will be the first phase of the scheme to be rolled out in 2020-21, followed by other components of the scheme in subsequent years.