Importance Of Workmen Compensation Act 1923

Earlier this act was known as the workmen compensation act 1923.

Importance of workmen compensation act 1923.

Workmens compensation act 1923 oct 30 2020 posted by robert ludlum media publishing text id e30f59d0 online pdf ebook epub library employment and causing either death or disablement of workmen it provides for payment by certain classes of employers to their workmen compensation for injury by. Short title extent and commencement 1 this act may be called the workmen s compensation act 1923. The employees compensation act 1923 is an act to provide payment in the form of compensation by the employers to the employees for any injuries they have suffered during an accident. The following are the objects of the workmen s compensation act 1923.

The objective of the workmen now employee compensation act 1923 as defined in the act is. It is hereby enacted as follows chapter i. This subject is very important. The basis of workmen s compensation act 1923 passed in march 1923 and was put into force on 1st july 1924 is that the state government cannot be a silent spectator to the suffering of the working class engaged in factories or establishments who are exposed to the various risks to their limbs and lives.

The workman compensation act 1923 was established to provide insurance to employees who acquired acquire injuries caused by accidents at the workplace. Workmen s compensation insurance is an insurance type that protects an employee against injury or death during the job time. Definition the workmen s compensation act 1923 is one of the important social security legislations. It ensures the protection of their rights and dignity as labourers.

Note that the workmen s compensation act 1923 is one of the earliest social security legislations in our country enacted so as to make the employer liable to pay compensation to those employees who are affected or to their dependents in case of death. To provide the quicker and cheaper mechanism of grievance handling related to the compensation issues. Whereas it is expedient to provide for the payment by certain classes of employers to their workmen of compensation for injury by accident. If an employee contracts an occupational disease while in employment it is also treated under the act as.

To lower down the number of accidents to mitigate the effects of the accidents by providing the suitable medical treatment. The workmen compensation act 1923 important question paper hello everyone we have uploaded this article related to the workmen s compensation act important question. What is workmen s compensation insurance.