| Applicability |
|
| Employer includes any person
whether incorporated or not and any agent of
employer and when services are temporarily lent
or let on hire to another person, then means
such other person. |
|
|
| Eligibility |
|
| Any
workman who is injured by accident arising out
of and in the course of his employment in specified
list of employment contracts any disease specified
therein as an occupational disease peculiar to
that occupation. |
|
|
| Benefits:
Amount of compensation shall be payable by
the employer |
|
i) Where death results from
injury 40% of monthly wages x relevant factor or
Rs. 20,000/- whichever is more.
ii) Where permanent total disablement results from
the injury 50% of monthly wages x relevant factor
or Rs. 24,000/- whichever is more (relevant factor
depends upon the age of a workman)
iii)Where permanent, partial disablement or
temporary disablement results from injury
as per prescribed schedule. |
|
|
| Penal
Provisions |
|
| Any contract by a worker waiving
his right to be compensated under this Act is
null and void. Compensation should be paid early–delay
beyond 1 month attract interest @ 6% p.a. and
penalty of up to 50% of the compensation. Certain
other offenses attract fine up to RS 5,000 |
|
