{"id":219116,"date":"2019-09-04T12:00:45","date_gmt":"2019-09-04T06:30:45","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=219116"},"modified":"2019-09-05T11:31:49","modified_gmt":"2019-09-05T06:01:49","slug":"esic-signs-an-agreement-with-sbi-for-payments-to-esic-beneficiaries-on-real-time-basis","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/09\/04\/esic-signs-an-agreement-with-sbi-for-payments-to-esic-beneficiaries-on-real-time-basis\/","title":{"rendered":"ESIC signs an agreement with SBI for payments to ESIC beneficiaries on Real Time Basis"},"content":{"rendered":"<p style=\"text-align: justify;\">A <strong>Memorandum of Agreement has been signed between the Employees\u2019 State Insurance Corporation (ESIC) and SBI<\/strong>\u00a0in accordance with which, the <span style=\"color: #0000ff;\">SBI would provide e-payment services directly to the bank accounts of all ESIC beneficiaries and payees without any manual intervention as an integrated and automated process.<\/span> The SBI would provide e-payment integration with the Enterprise Resource Planning (ERP) processes of ESIC through its Cash Management Product (CMP) e-payment technology platform.<\/p>\n<p style=\"text-align: justify;\">The e-payment integration would affect statutory benefit payments to ESIC beneficiaries as well as other payees on a real-time basis, reducing time lags and delays and at the same time, help to eliminate mistakes and errors caused by repetitive and manual data entries. The new system will benefit all stakeholders of ESIC. The agreement was signed in the presence of Shri Rajkumar, DG, ESIC and Shri Sunil Wadhera, DGM, SBI.<\/p>\n<hr \/>\n<p><strong>Ministry of Labour &amp; Employment<\/strong><\/p>\n<p style=\"text-align: right;\">[Press Release dt. 03-09-2019]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Memorandum of Agreement has been signed between the Employees\u2019 State Insurance Corporation (ESIC) and SBI\u00a0in accordance with which, the SBI would 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Social Security cover of ESI Scheme to whole of India and for medical care for serving the workers.\u00a0 Shri Bandaru Dattatreya, the Minister of State for Labour and Employment (Independent Charge), Govt. of India chaired the 170th Meeting\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/12\/DSC_4762-e1474523869607.jpg?resize=700%2C400&ssl=1 2x, 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of time in filing ESI contribution As a relief measure, the period for filing ESI contribution for the month of February and March was earlier extended to 15th April and 15th May, respectively. Now, considering the hardship being faced by employers, the period for filing ESI contribution for the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/ESIC.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/ESIC.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/ESIC.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/ESIC.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2020\/01\/ESIC.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":261516,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/02\/11\/esic-to-relaxes-the-eligibility-condition-under-esic-covid-19-relief-scheme\/","url_meta":{"origin":219116,"position":5},"title":"ESIC to relax eligibility conditions under ESIC COVID-19 Relief Scheme","author":"Bhumika Indulia","date":"February 11, 2022","format":false,"excerpt":"On February 01, 2022, the Employees State Insurance Corporation (ESIC)\u00a0 has issued a notification to make certain relaxations in the \u2018ESIC COVID-19 Relief Scheme\u2019. 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