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ESI Act Extension Proposed for Educational and Healthcare Sectors in Maharashtra (public, private, aided or partially aided institutions run by individuals, trustees, societies or other organizations)

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📜 Maharashtra Government Gazette Update: ESI Act Provisions Extended to Educational & Medical Institutions Date: July 29, 2025 Published by: Government of Maharashtra, Public Health Department Gazette Notification No.: PHD-12016/3/2025-PHD (R.K.V.2) Effective Date of Proposed Change: August 28, 2025 ✦ " Satyamev Jayate – Truth Alone Triumphs" The Maharashtra Government, through an extraordinary notification published in its official Gazette, has proposed a significant extension of the Employees’ State Insurance Act, 1948 (ESI Act) . This new draft notification brings certain categories of institutions under the ambit of the ESI Act, expanding social security coverage to more workers in the state. 🔍 What’s the New Proposal? The state government has proposed to extend the provisions of the ESI Act to: Educational Institutions Including public, private, aided, or partially aided institutions run by individuals, trusts, societies, ...

Provident Fund (PF) – New Employment Linked Incentive (ELI) Scheme: A Big Boost for Job Creation & Formal Employment

In a major push towards boosting employment and securing the future of India’s youth, the Union Cabinet has approved the Employment Linked Incentive (ELI) Scheme. With a total outlay of ₹99,446 Crore, the ELI Scheme is designed to generate over 3.5 Crore jobs over the next two years. This initiative is part of a broader ₹2 Lakh Crore package announced in Budget 2024–25, aiming to empower 4.1 Crore youth through employment, skill development, and economic opportunity. Key Highlights of the ELI Scheme 🧑‍💼 Part A: Incentive to First-Time Employees Designed to support 1.92 Crore first-time employees , Part A focuses on youth entering the workforce for the first time and encourages long-term savings and financial discipline . 🎯 Eligibility : First-time EPFO-registered employees with a monthly salary up to ₹1,00,000 & Must be hired between 1st August 2025 and 31st July 2027 💰 Incentive : One-month EPF wage up to ₹15,000 paid in two instalments : 1st Instalment : After 6 m...