Latest news with #ESIC
Indian Express
2 days ago
- Business
- Indian Express
FIR against IT firm accountant for not making PF, ESIC payments
The Mumbai police Tuesday registered an FIR against the accountant of an IT company who allegedly defrauded the company of over Rs 21 lakh by not making Provident Fund (PF) and Employee State Insurance Scheme (ESIC) payments on behalf of the company for nearly three years. The accused woman allegedly made fake PF and ESIC challans to claim payments were made on behalf of the over 60 employees. In addition to this, she allegedly edited other bills and payments that were to be made to clients and diverted the money to other accounts instead of making the entire payment. As per the FIR registered by the Pant Nagar police in Ghatkopar (east) on Tuesday based on a complaint by the director of a company, the accused was working at the Bhandup-based company since 2014. The company found that from November 2021 to November 2024, the accused had not made the payment towards PF and ESIC on behalf of the employees. An official said when a company employee responsible for transferring the money to PF and ESIC accounts told her that the payment status was not visible on the portal, she told him that the company had a financial problem and that the payment would be done once it was solved. When one of the employees complained to her that he was not receiving an SMS every month about PF being deposited in his account, she told him that since the company had not completed the KYC, the employees were not receiving messages. When he was about to complain to the director, she allegedly told him she can give him Rs 50,000 to help him financially. The company further found that several payments that were due to other clients too were not made in its entirety and fake ledger entries were made to conceal the same. Senior inspector of Pant Nagar Rajesh Kevale said that after the company started receiving intimations from PF and ESIC about no contributions being received, they started checking their accounts and found out about the fraud. Kevale said that based on the director's complaint, they registered an FIR against the woman on charges of cheating and forgery. No arrest has been made as yet.
Indian Express
3 days ago
- Health
- Indian Express
With both arms lost at work, monthly pension proving elusive for Satnam
A tragic incident that occurred on August 28, 2024, in Phase 8, Mohali, continues to haunt not only Satnam Singh but anyone who hears about it. Speaking to The Indian Express, Satnam, 29, shared that he was working as a lineman under a contractor for the Punjab State Power Corporation Limited (PSPCL). The accident happened while he was repairing a power line on a pole. After completing the repair, as he was climbing down, he was suddenly electrocuted and fell. When he regained consciousness, he was in a hospital with one of his arms already amputated. A few days later, his condition worsened and he was admitted to the PGIMER, where doctors informed him that the second arm would also need to be amputated. 'Since that day, my life has come to a complete standstill. I've lost the ability to work. The only thing I constantly see is my elderly mother, who once depended on me. I used to support her and run the household, but now I'm forced to rely on her, even for survival. I feel like a burden,' Satnam said with tears in his eyes. Struggling for pension The 29-year-old was hopeful of receiving a monthly pension of Rs 14,000 through the Employees' State Insurance Corporation (ESIC) — a benefit for differently-abled workers. But for more than nine months, he has been stuck in a bureaucratic maze of forms, medical board approvals, and paperwork. Each visit to a government office brings a new excuse or delay. 'It feels like my life is now trapped in files… and I've become a burden on my aged mother,' he added. Satnam said that he has been informed that his final medical examination has been approved and that within a week, his documents will be ready, and his pension will begin. What the ESIC pension rules say A minimum of six months of ESIC contribution is mandatory; in cases of permanent disability, 100 per cent of the last drawn salary is provided as pension. A medical board must verify and certify the disability, and salary for the period of medical leave is also covered under ESIC. When contacted regarding this case, ESIC Director Pankaj Vohra confirmed that he had personally sent a team to assist Satnam and ensure his documents were completed. He also said the team informed him that a partial payment had already been made to Satnam, and the pension would begin within the next couple of days. PSPCL union president Lakkha Singh said the union had to struggle extensively to get the authorities to respond to Satnam's case. He also pointed out that the power department does not recruit linemen directly anymore, which leads to untrained workers being sent up electric poles by contractors, often at the risk of their lives. Lakkha added that a lineman recently lost his life due to electrocution in Zirakpur. He emphasised that the only real solution is for the electricity board to resume direct recruitment to ensure proper training and safety for all workers.
India.com
4 days ago
- Business
- India.com
PF Withdrawal Via ATM, Free ESIC Treatment & More: 5 Major Overhaul In EPFO 3.0; Rollout Likely This Month
photoDetails english 2909765 Updated:Jun 02, 2025, 09:45 AM IST EPFO To Undergo Major Digital Overhaul 1 / 7 Union Labour and Employment Minister Mansukh Mandaviya has confirmed that the Employees' Provident Fund Organisation (EPFO) is all set for a major digital overhaul. The changes were expected to rollout between end of May or June. Since there was no activity on EPFO Version 3.0 last month, it is mostly expected that the new rules might kick in from June 2025. EPFO Version 3.0 2 / 7 EPFO Version 3.0 will undergo numerous changes with regards to auto-claim settlements, digital corrections, and ATM-based fund withdrawals, Mandaviya had told a news agency. Here are looking at 5 such upcoming changes. 1. EPFO Seamless Process 3 / 7 The new version will eliminate the need for complex and lengthy form-filling processes or physical visits for claims and corrections. 2. EPFO A/C Update With OTP verification 4 / 7 Beneficiaries will be able to update their EPFO accounts and mandates using OTP verification and conveniently monitor their pension entitlements or withdraw funds. 3. Integration Of Social Security Schemes 5 / 7 Mandaviya said the government is also considering the integration of various social security schemes, including the Atal Pension Yojana, Pradhan Mantri Jeevan Bima Yojana, and Shramik Jan Dhan Yojana, to streamline and strengthen pension coverage. Beneficiaries under the Employees' State Insurance Corporation (ESIC) will soon be able to receive free medical treatment at hospitals empanelled under the Ayushman Bharat scheme. 4. Charity-Run Private Hospitals Under ESIC Ambit 6 / 7 Designated charity-run private hospitals will also be brought under ESIC ambit to expand social security coverage. Currently, ESIC provides free treatment to about 18 crore people through 165 hospitals, over 1,500 dispensaries and around 2,000 empanelled hospitals. 5. Members To Soon Withdraw PF Through UPI And ATM 7 / 7 The EPFO plans to launch a ground-breaking new PF withdrawal method via the Unified Payments Interface (UPI). Labour and Employment Secretary Sumita Dawra had previously told news agency ANI, the ministry has approved NPCI's recommendation, and members may withdraw PF through UPI and ATM by the end of May or June this year. This may also be a good pilot for members of other schemes like the General Provident Fund (GPF) of Govt Employees of the Public Provident Fund (PPF) of Banks.
NDTV
5 days ago
- Business
- NDTV
All About EPFO 3.0: From ATM Withdrawals To Faster Claim Settlements
In a major digital push aimed at improving accessibility and efficiency for salaried employees, the Employees' Provident Fund Organisation (EPFO) is set to roll out EPFO 3.0 in June 2025, according to a report by DD News. The platform is expected to bring several key changes to how provident fund subscribers access and manage their savings, including ATM withdrawals, auto-claim settlements, and OTP-based account updates. What to Expect from EPFO 3.0: ATM Withdrawals: In a first-of-its-kind move, subscribers may soon be able to withdraw EPF funds via ATMs, similar to a standard bank transaction. This feature is expected to go live after the approval and settlement of claims, giving users more direct access to their funds. Faster, Automated Claim Settlements: The upcoming version will include auto-claim settlement, significantly cutting down processing times and manual intervention. This is expected to speed up the transfer of funds into users' bank accounts. Digital Account Corrections: EPF account holders will soon be able to digitally update personal details such as name, date of birth, and other key information, eliminating the need for physical form submissions. OTP-Based Verification: Account updates will be made simpler through OTP-based authentication, streamlining the verification process and replacing older, form-based systems. Improved Grievance Redressal: The EPFO is also working on upgrading its grievance redressal system, aiming to address user concerns more efficiently through the new platform. Social Security Integration and Healthcare Expansion: EPFO 3.0 is part of a broader plan to create a unified social security framework. Efforts are underway to integrate central government welfare schemes such as the Atal Pension Yojana, Pradhan Mantri Jeevan Bima Yojana, and Shramik Jan Dhan Yojana into the EPFO ecosystem. In parallel, the Employees' State Insurance Corporation (ESIC) is also strengthening its healthcare offerings. Beneficiaries may soon be eligible for free treatment at hospitals under the Ayushman Bharat scheme, including both public and empanelled private facilities. Currently, ESIC provides healthcare coverage to nearly 18 crore individuals through its network of 165 hospitals. With EPFO 3.0, the government is aiming to modernise India's social security landscape by making it more accessible, integrated, and user-friendly for workers across sectors.
India Gazette
5 days ago
- Health
- India Gazette
Mansukh Mandaviya inaugurates 30-bedded ESIC hospital in Himachal's Kala Amb
New Delhi [India], May 31 (ANI): In a significant step towards strengthening healthcare infrastructure for workers, Union Minister of Labour & Employment and Youth Affairs & Sports Dr. Mansukh Mandaviya inaugurated the newly constructed 30-bedded Employees' State Insurance Corporation (ESIC) Hospital at Kala Amb, Himachal Pradesh today. Designed to be upgradable up to 100 beds, the hospital marks a major milestone in expanding quality healthcare services under the ESI scheme in the region. Dr. Mandaviya also felicitated the construction workers who played a vital role in building the hospital, underscoring the government's commitment to honouring the dignity of labour. 'This hospital is not just a walled structure--it is a shrine that honours our Shram Shakti, the strength of our nation. It is this very force that has built our nation, recognizing and uplifting this strength is essential to moving our country forward,' he said. Union Minister announced that the government has decided to establish medical colleges in all ESIC hospitals with 200 or more beds. Furthermore, 40 per cent of seats in these institutions will be reserved for the wards of Insured Persons, ensuring greater educational opportunities for workers' families, he added. The minister highlighted that Prime Minister Narendra Modi has truly worshipped and respected the labour force of India. That is why ESIC is continuously expanding its branches, and the inauguration of this 30-bedded hospital is part of that mission, he added. He assured that ESIC hospitals are there for all workers, whether the cost of medication is one rupee or one crore rupees. He added that every life is equally valuable and no compromise would be made in the treatment of the poor. He said that Prime Minister Narendra Modi understands poverty like no other, and that is why today we are witnessing the true recognition and dignity being given to the poor and to our workers. Highlighting the government's resolve to ensure accessible healthcare for all, Union Minister shared a poignant example: 'When a file seeking approval for Rs2 crore worth of life-saving medicines for the son of a poor insured worker was brought before us, it was sanctioned without delay. Poverty should never be a barrier to life-saving care.' He added that the goal is to create a healthy citizenry, which would, in turn, lead to a healthy society and ultimately result in a healthy nation. He concluded by reaffirming the government's commitment towards the welfare of our workforce. Dr Mandaviya promised that all recruitment processes will be completed in mission mode, and all vacancies in the ESIC hospitals will be filled so that our workers receive all the care and services which they deserve, a release said. Built at a cost of around Rs.100 crore, this modern hospital is expected to benefit over 1 lakh beneficiaries, offering improved infrastructure and access to advanced healthcare services for residents of Sirmaur and neighbouring districts. The hospital will be equipped with essential departments such as General Medicine, Surgery, Gynaecology, Orthopaedics, Ophthalmology (Eye) and Dental along with various support services such as modular Operation Theatre, CSSD, Medical Gas Pipeline System etc. It will offer both Outpatient (OPD) and Inpatient (IPD) care, effectively meeting the medical needs of ESI beneficiaries. (ANI)
