What is ESIC?

Education

ESIC Schemes and what are the benefits of ESIC Schemes

The ESIC scheme is a government-funded pension scheme that provides benefits to employees who have contributed to it. It was established in the year 1972 by the Government of India and has been made mandatory for all establishments with 20 or more employees. The scheme is managed by the Employees’ State Insurance Corporation (ESIC). The ESIC Scheme provides a wide…