WHAT IS ESI FOR INDIAN WORKERESI, an abbreviation for Employee State Insurance, is a self-financing social security cum healthinsurance for Indian workers, it is a scheme where Indian workers and their families areprotected under some unforced circumstances. It includes sickness, maternity, disablement(temporary or permanent), death due to employment injury. Under ESI the insured person andtheir family also get medical care.

EMPLOYEES’ STATE INSURANCE CORPORATIONESIC the corporate body regulates the ESI scheme under the ESI act 1948. ESIC is a statutoryand autonomous body under the Ministry of Labour and Employment, the Government of India.The ESI act, surrounded with the certain situation of the sickness or mishaps of the workersresulting in loss of wages or earning capacity in such tough time ESI aimed to uphold the dignityat such time of crises.

WHY THERE IS NEED OF ESIIn 1948, Indian industry was in its budding stage and we were highly dependent on the importedgoods from the fast-developing countries. Most of the manpower was restricted to few selectedindustries like chemical, jute, textile, minerals and metals, etc. It was a necessity to provide

https://en.wikipedia.org/wiki/Employees%27_State_Insurance#cite_note-ESI-1

social security to the workers and their families. On the basis of Prof. B.P.Adarkar's ESI actcame into existence in 1948.

REGISTRATION FOR ESIIt is mandatory for a company to register for ESI once the company employs 10 or morelow-earning employees (i.e. 21000). Companies need to register them within 15 days of the ESIAct, 1948 applicable to them. Now companies can also apply online for the ESI registration.Once all the documents and the application are verified, a 17-digit unique identity number will beprovided to the company. After the registration, the companies will need to file ESI returns twicea year.

You can further read the detailed information about ESI registration in another article ESIRegistration Service In Noida and Trade Mark Registration service In Noida

https://www.digitalca.in/C/31/ESI-Registrationhttps://www.digitalca.in/C/31/ESI-Registrationhttps://www.digitalca.in/C/35/Trade-Mark-Registration