Industrial Laws - Unit 3 (1) | Ms.S.Kirupalakshmi | Department of Corporate Secretaryship.
Автор: KCSKNC Knowledge Nest
Загружено: 2025-12-12
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Описание:
This video, presented by Ms. S. Kirupalakshmi, introduces the Workmen's Compensation Act, 1923 as part of Unit 3, Part 1 of the Industrial Laws curriculum.
The lecture focuses on the purpose and necessity of this Act:
Act's Purpose: The Act provides financial protection to a worker who sustains an injury, disability, or death due to an accident that occurs during the course of their employment [00:24]. It ensures a quick and easy process for the employee to receive compensation from the employer.
Need for the Act:
Social Justice and Protection: It ensures social justice by providing financial protection to workers and their families who face serious risks in industrial environments.
Shifting the Burden: The Act makes it the legal responsibility of the employer to compensate workers, as the employer benefits from the worker's labor.
Streamlining Procedures: It helps avoid long and expensive legal procedures like civil suits, making the compensation process simpler and faster.
Promoting Safety: By making employers liable for compensation, it encourages them to maintain a safer work environment and strictly follow all safety rules.
Economic Stability: It prevents the injured worker or their family from falling into poverty due to loss of income, thus ensuring their economic stability.
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