www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrologyShopping TendersClassifieds Opinions Jobs Hotels
Sign In / Register | Archive
Expressindia » Story

ESI infrastructure below WHO standards: Study

Font Size

Agencies

Posted: Aug 25, 2008 at 1535 hrs IST

Bangalore, August 25: Despite ESI Corporation's revenues of Rs 2,400 crore in fiscal 2005-06 and an operating surplus of Rs 1,130 crore, ESI infrastructure and rules did not match up to industry growth and were way below WHO standards, says a study.

As per the study conducted by TeamLease, a leading staffing company, the Employee State Insurance Corporation had one bed per 1882 people to be served.

Key findings of the study include ESI being seen as an ineffective health insurance scheme for the organised sector's temporary employees with only two percent of those who paid it using it, says the study.

Only 30 percent of the two percent who used ESI facilities were satisfied with the facilities. Poor and dilapidated conditions were primary reasons for poor usage.

Nearly 70 percent of the temporary employees view the ESI deduction as a form of tax for which they get no or very poor return. Only 15 percent of the employees surveyed knew how the scheme functioned.

The scheme was plagued by high transmission losses, poor quality and low absorption capacity.

"Our research points that to an immediate need to revisit the fundamentals of the ESI scheme to address the radically changed employment scenario in India. ESI reforms need to be prioritised because of the poor value for money, poor design and lack of consumer choice", says N Venkataraman, CFO, TeamLease Services.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Two bombs hurled from Pakistani side; youth injured

EC rejects BJP charge about EVM malfunction

Nepalese woman gang raped in Delhi

Autopsy report: Ranbir shot from close range, tortured

New immigration law in the offing

Shiney has not confessed to consensual sex says lawyer

Kandhamal riots accused out on bail, takes oath as MLA

More
© 2009 The Indian Express Limited. All rights reserved
The Indian Express Group | Advertise With Us | Privacy Policy | Feedback | Work With Us | Site Map