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The Workmen Compensation Act, 1923 is an employee compensation act that mandates specific classes of employers to pay compensation to the employees/workmen for an injury/accident. The workmen's compensation policy helps the employer to pay the compensation within the Workmen Compensation Act of India. It is monitored by the Ministry of Labour and Employment.The Workmen Compensation Act helps workmen and their dependents to obtain compensation from their employers in case of an accident/injury caused at work or because of the nature of the work that may result in disability or death. The Workmen Compensation Act mandates that employers pay compensation to the workmen if they end up contracting specific occupational diseases during that employment.