The Employees’ State Insurance Corporation

Subject – Economy

Context – ESIC notifies relief scheme for COVID hit

Concept –

The Employees’ State Insurance Corporation has notified a scheme for the dependents of ESI insured persons in case of death due to COVID19 that would give a minimum of ₹1,800 a month.
The scheme would cover the families of the insured who had been registered on the ESIC portal for at least three months before being diagnosed with COVID19 and had been in employment on the date of diagnosis.
In case of death due to COVID19, the spouse, son up to 25 years of age, unmarried daughter and widowed mother of the insured would be eligible for the relief.
The scheme, which would be effective for two years from March 24, 2020, would provide for 90% of the average daily wages of the insured to be paid to dependents.

Employees’ State Insurance Corporation (ESIC) is responsible for the administration of ESI Scheme.
ESIC is a statutory corporate body set up under the ESI Act, 1948.