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ESIC - Employees' State Insurance Corporation

ESIC - Employees' State Insurance Corporation, is an autonomous body created by the law under the Ministry of Labour and Employment, Government of India. The workers are provided variety of medical, monetary and other benefits from the employer. Any non-seasonal factory and company having more than 10 employees (in some states it is 20 employees) who have a maximum salary of Rs. 21,000/- has to mandatorily register itself with the ESIC.