This will give opportunity for the firms which have defaulted in payment of contributions of ESI and EPF to declare correct employment figures and ensure correctness in contribution henceforth onwards.
Union Minister of State for Labour Bandaru Dattatreya announced two amnesty schemes from his department, one for the ESIC – Employees State Insurance Corporation and another for the EPF – Employees Provident Fund, to clean up the existing records of court cases or proceedings.
Addressing a press conference at the State party office on 18th December, 2016, the Labour Minister said in that in both instances (EPF and ESI) there are lots of court cases pending for years and in several others proceedings have also been filed for wrong or under reporting of number of employees working or contributions made.
Fresh registrations of the firms and the employees working under it can be made from December 20 till March 31, 2017 and once done all the existing old records would cease to exist with the Labour Ministry dropping all the legal proceedings and demurrages hitherto in the records, he explained.
“We want to give another opportunity for the employees and employers to start on a clean slate as this is a matter of social security and Prime Minister Narendra Modi has given us the necessary instructions,” he said.
Source: The Hindu