2005 to 2007

During this period, the ESIC (Employees’ State Insurance Corporation) Department was imposing a huge liability on Industries for JOB WORK. Due to this, there were major hue and cry among the Industries across India.

Shakti Associates played a pivotal role by convincing the authorities to constitute a committee to give its recommendation. These recommendations were submitted in the report, which resulted in a breakthrough. The scope of Job Work was now clearly defined & demarcated. It came as an enormous relief to the industry.

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