GUIDED BY: Prof.

Umakant Nayak
PRESENTED BY : Group 7
Subhasmita Mohapatra : 26
Jayashree Lenka : 15
Bikuntha Nath Pradhan : 08
Mukesh Kumar Majhi : 34
Akash chandra Patra : 43
 INTRODUCTION
 DEFINITION (SEC 2)
 OBJECTIVE
 COVERAGE OF ACT
 AMOUNT OF COMPENSATION
 BENIFITS OF WC ACT
 Workmen’s Compensation Act started in 1923,
but came into force 1st July 1924.
 Provides for payment of compensation to
workmen and dependants in case of injury and
accident.
 By this employees can recover lost wages,
medical expenses, disability payment etc.
 This paid depends on the nature of the injury ,
average monthly wages and age of workmen.
 DEPENDANT (SEC 2(1)(d): Earning of
workmen at the time of death.
 EMPLOYER (SEC 2(1)(e) : Controls and directs
a servant and pay his/her compensation.
 DISABLEMENT : Lost capacity to work ,reduce
its earning capacity.
 WAGES (SEC 2(1)(m) : Include any benefits
which is estimated in money.
 WORKMAN (SEC 2(1)(n) : He/she do any
skilled, unskilled ,technical, operational
work.
 To provide broad coverage of employees
for job related accident and disease.
 To provide substantial protection against
the loss and income.
 To provide medical care and
rehabilitation services to injured workers.
 Reduce amount of cases held in court.
 APPLICABLE TO :
 Mines
 Factories
 Railway
 Ships
 Construction work
 Plantations
 Transport Establishment
 50% - death
 60% - permanent disable
 25% - temporary disable
 12% - penalty by default
 Legal liability coverage
 Vocational rehabilitation expenses
 Covers for occupational diseases
 Calculation of income lost and corresponding
compensation
 Inclusion of special covers
 Comprehensive inclusion of all employees