CURRENT AFFAIRS

Detailed explanation-1: -The Workmen Compensation Act mandates the employer to pay a compensation amount equal to 50% of the monthly wages of the deceased employee. It can be a maximum monthly wage ceiling of Rs. 8000 multiplied by the relevant factor, or a sum of Rs. 140, 000, whichever is higher.

Detailed explanation-2: -Employer’s Liabilities for Compensation An employer is responsible for paying compensation to the employee under the following circumstances are: Personal injury by accident-An employer is responsible for paying compensation to workman if personal injury is let to him by accident arising out during his employment.

Detailed explanation-3: -If an injury caused to an employee from the accident results in his permanent or partial disablement for a period in excess of three days, then the employer shall be liable to render compensation to such employee. The permanent or partial disablement has been defined under the Act[5].

Detailed explanation-4: -Amount of Compensation Payable under the Act Death of the worker: 50% of the worker’s monthly wages multiplied with relevant factors; or ₹1, 20, 000, whichever is more. Permanent Total Disability: 60% of the monthly wages, multiplied by relevant factor; or ₹1, 40, 000, whichever is more.