The Employee State Insurance Corporationesicis A Statutory Body Established Under The Employeesstate Insurance Act Of 1948It Operates Under The Ministry Of Labour And Employment In Indiawith Its Headquarters In New Delhiesic Administers The Employeesstate Insuranceesischemewhich Provides Social Security To Employees Against Financial Distress From Sicknessemployment Injuriesmaternitydisabilityor Death Due To Work Related Incidents Esic Offers A Variety Of Services Through The Esi Schemeincluding Medical Benefitssickness Benefitsmaternity Benefitsemployment Injury Benefitsdisability Benefitsdependent Benefitsand Unemployment Benefitsthe Scheme Is Mandatory For Businesses With A Specified Number Of Employeeswhich Varies By Stateesic Has A Robust Regional Presence With 65 Offices Across Various States To Facilitate The Implementation Of The Esi Schemethe Financial Structure Of The Scheme Is Self Financedwith Contributions From Both Employees And Employers
