ESIC raises wage threshold to ₹21k for insurance
The Employees’ State Insurance Corporation (ESIC) raised the monthly wage limit for coverage under its health insurance scheme to ₹21,000 from ₹15,000, Labour Minister Bandaru Dattatreya said on Tuesday. The ESIC also decided to let existing members with salaries over the limit decide on continuing their membership. Notably, ESIC provides social security benefits as a labour welfare measure.