Fund administration and budget control govern ESIC receipts, authorised payments, and re-appropriation under prescribed banking safeguards.

Administration of the Employees' State Insurance Fund requires authorised receipt, acknowledgement, and deposit of all moneys in approved banks, with monthly statements of deposits and withdrawals examined by the Director General. Fund accounts are to be operated only by authorised officers, payments must follow prescribed cheque or electronic procedures, and expenditure must generally be covered by a current budget grant, subject to limited authorisation and protection of benefit payments and sanctioned posts. The rule also prescribes the preparation, approval, submission, and placement of annual and supplementary budget estimates, together with re-appropriation controls and restrictions on new services and administrative expense transfers.

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