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ESIC Business
ESIC may refer to: Governing bodies *Employees' State Insurance, statutory body in India *Esports Integrity Commission, regulatory body in esports Universities *ESIC University (Escuela Superior de Ingenieros Comerciales), university in Pozuelo de Alarcón, Spain * Employees State Insurance Corporation Medical College, India **ESIC Medical College, Alwar, medical college in Alwar, India **ESIC Medical College, Faridabad, medical college in Faridabad, India **ESIC Medical College, Gulbarga, medical college in Gulbarga, India **ESIC Medical College, Kolkata, medical college in Kolkata, India **ESIC Medical College and PGIMSR, Kalaburagi, medical college in Kalaburagi, India *SAMIS-ESIC School of Information and Communication, college in Amparibem, Madagascar *Government Medical College, Kollam, formerly known as ESIC Medical College, Parippally Other uses *Early stage innovation company, concept in the Australian tax code designed to attract early-stage investment capital from ...
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Employees' State Insurance
Employees' State Insurance Corporation (abbreviated as ESIC) is one of the two main statutory social security bodies under the ownership of Ministry of Labour and Employment, Government of India, the other being the Employees' Provident Fund Organisation. The fund is managed by the Employees' State Insurance Corporation (ESIC) according to rules and regulations stipulated in the ESI Act 1948. History In March 1943, Prof. B.P.Adarkar was appointed by the Government of India to create a report on the health insurance scheme for industrial workers. The report became the basis for the Employment State Insurance (ESI) Act of 1948. The promulgation of Employees’ State Insurance Act, 1948 envisaged an integrated need based social insurance scheme that would protect the interest of workers in contingencies such as sickness, maternity, temporary or permanent physical disablement, death due to employment injury resulting in loss of wages or earning capacity. The Act also guarantees r ...
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