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ESIC wins ISSA GOOD Practice Award, Asia and Pacific 2018

Employees' State Insurance Corporation (ESIC) was awarded ISSA (International Social Security Association) Good Practice Award for Administrative Solution for Coverage Extension 
ESIC wins ISSA GOOD Practice Award, Asia and Pacific 2018
at Regional Social Security Forum for Asia and Pacific held at Kuala Lumpur, Malaysia.
  • The award was given to ESIC in recognition of its measures taken for extension of coverage Scheme for Promoting Registration of Employers and Employees (SPREE), reduced rate of contribution rates for 24 months in newly implemented areas and raising wage limit for coverage under ESI Act, etc.

Interesting to know:

  • Regional Social Security Forum for Asia and the Pacific is a triennial (held every three years) forum that provides unique opportunities to CEOs and Managers of ISSA Member Institutions to discuss key social security challenges and share their experiences.
  • It is the most important social security event in Asia-Pacific region.
  • For this forum, ISSA invites submissions for ISSA Good Practices Award for Asia and Pacific Regions.

About International Social Security Association (ISSA):

  • It is the principal international organization for Social Security Organizations, Governments and Departments of Social Security.
  • It was founded in 1927 under the auspices of International Labour Organization (ILO).
  • It has its headquarters in Geneva, Switzerland in ILO.
  • Its mandate is to promote excellence in social security administration through professional guidelines, expert knowledge, services and support to enable its members to develop dynamic social security systems.
  • ISSA has more than 330 member organizations in 158 countries.

About Employees' State Insurance Corporation (ESIC):

  • ESIC is an autonomous corporation under Union Ministry of Labour and Employment, which manages employees' state insurance i.e. self-financing social security and health insurance scheme for Indian workers.
  • It is a statutory body established under Employees State Insurance Act, 1948. 
  • It is headquartered in New Delhi.
  • ESIC hosts the ISSA Liaison Office for South Asia in New Delhi. 
  • This liasion office coordinates with member countries and social security institutions in Bhutan, Bangladesh, Sri Lanka, Nepal and Iran on activities of ISSA related to social security.

Question:

Q. Who was awarded ISSA (International Social Security Association) Good Practice Award for Administrative Solution for Coverage Extension at Regional Social Security Forum for Asia and Pacific held at Kuala Lumpur, Malaysia?
a. Employees' State Finance Corporation (ESFC)
b. Employees' State Pension Corporation (ESPC)
c. Employees' State Insurance Corporation (ESIC)
d. None of the above
ESIC wins ISSA GOOD Practice Award, Asia and Pacific 2018 ESIC wins ISSA GOOD Practice Award, Asia and Pacific 2018 Reviewed by Inderjeet Virdi on October 10, 2018 Rating: 5

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