Insurance News

ESI hikes disability and dependent’s benefit


The centre hiked the rate of Permanent Disablement Benefit (PDB) and Dependant’s Benefit (DB) under the Employees’ State Insurance (ESI) Scheme on Friday. An official statement said this will neutralise the impact of inflation.

The PDB is paid at the rate of 90% of wages in the form of monthly payment depending upon the extent of loss of earning capacity as certified by a Medical Board. The DB is paid at the rate of 90% of wage in the form of monthly payment to the dependants of a deceased Insured person in cases where death occurs due to employment injury or occupational hazards, the statement said.

The ESI Corporation also decided that nine new ESI hospitals in Maharashtra, Madhya Pradesh and Uttarakhand, and 17 new ESI dispensaries in Gujarat will be set up.

In addition to this, the sanctioned bed strength will increase from 100 to 120 in ESIC hospital, Bibvewadi, Maharashtra. Bed strength at ESIC Hospital, Rourkela, Odisha will rise from 75 to 150. A proposal for development of ESIC Hospital, Andheri, Maharashtra as Multi-Specialty hospital with the capacity of 500 beds was also approved.


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