EDLI Update – Minimum Assurance benefit of Rs. 2.5 lakhs for two years

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Effective from 15th February 2018, Ministry of Labour and Employment has introduced minimum assurance benefit of Rs. 2.5lakhs and maximum of 6 lakhs. Accordingly, the proviso under para 22(3) (i) has been substituted as under; the minimum assurance benefit of Rs. 2.5 lakhs shall be in force for a period of two years from the… Read more »