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.
