New Labour Code: Unorganised Workers To Get Benefits Of Employees' State Insurance Scheme
2 years, 8 months ago

New Labour Code: Unorganised Workers To Get Benefits Of Employees' State Insurance Scheme

News 18  

The four new labour codes — new wage code on wages, social security, industrial relations, and occupation safety, health and working conditions — are soon going to become a reality. Once implemented, under the social security code, the Employees’ State Insurance Scheme of India will be opened up for the unorganised sector workers also. ESIC and the New Social Security Code Under the code, The doors of ESIC will now be opened for the workers of all sectors along with the workers of the unorganised sector. Other New Benefits of Social Security Code The benefit of pension scheme will be open to all workers of organised, unorganised and self-employed sectors. Employees engaged on fixed term will also get same social security benefit as permanent employees, and a national database of workers of the unorganised sector will be created through registration on a portal.

Social Security Employees Workers Sector Scheme Benefit Code Esic Unorganised Medical Benefit  insurance  sector  scheme  social  security  employees  unorganised  benefits  state  esic  medical  code  workers  labour  benefit

History of this topic

India to get Universal Pension Scheme: What is it and who will benefit?
Trending News
1 month ago

India to get Universal Pension Scheme: What is it and who will benefit?

Firstpost  

The government is working on a Universal Pension Scheme that will allow people to contribute voluntarily and receive pension benefits after retirement. The government is now developing a Universal Pension Scheme, which will allow individuals to make voluntary contributions and receive pension benefits upon retirement. The government is developing a universal pension scheme that will be accessible to all citizens, …

Labour reforms, social security for informal workers, transformative policies on cards in 2025
2 months, 4 weeks ago

Labour reforms, social security for informal workers, transformative policies on cards in 2025

Live Mint  

New Delhi, Dec 30 Speedy implementation of labour codes, providing social security to informal workers, especially gig and platform, and bringing transformative policies would be the government's priority in 2025 to empower all and boost the economy. The four labour codes on social security, industrial relations, wages, and Occupational Safety Health & Working Conditions were passed by Parliament. While provisions …

Quest for consistent social security across Indian states
6 months ago

Quest for consistent social security across Indian states

Hindustan Times  

A wave of legislation aimed at regulating social security for gig and platform workers is sweeping through Indian states. While the CoSS 2020 clearly outlines social security benefits for workers, state regulations lack this specificity, creating uncertainty about the support they will provide. Without specified benefits, state laws could lead to avoidable delays, costly duplication, and ultimately, suboptimal social security …

Union Budget 2024: Empowering unorganised workers
1 year, 1 month ago

Union Budget 2024: Empowering unorganised workers

Hindustan Times  

The Economic Survey of 2021–2022 estimates that 43.99 crore people worked in various forms of informal employment in India during the 2019–20 fiscal year, making up a significant proportion of the country's unorganised workforce. Shedding light on the provisions in the 2020 Social Security Code, we explore the possible challenges in the implementation of the social security funds intended for …

Expanding Social Security Coverage For Informal Sector Workers To Be Focus In 2023: Labour Min
2 years, 3 months ago

Expanding Social Security Coverage For Informal Sector Workers To Be Focus In 2023: Labour Min

ABP News  

Expanding the social security coverage for unorganised workers and pursuing states to make rules for labour codes will be the key priorities for the government in 2023, as efforts continue to strengthen the country's labour market. With India set to host G-20 leaders' summit for the first time next year, the Union labour ministry will also pursue key employment-related agenda …

Covid-19: Labour Ministry Announces Additional Benefits Under EPFO, ESIC Schemes
3 years, 9 months ago

Covid-19: Labour Ministry Announces Additional Benefits Under EPFO, ESIC Schemes

News 18  

The Ministry of Labour and Employment on Sunday announced additional benefits for workers through social securities schemes run by the EPFO and the ESIC amid the COVID-19 pandemic. These benefits include pension for dependents of insured persons with Employees' State Insurance Corporation who died due to COVID-19 and hike in maximum sum assured under the group insurance scheme Employees' Deposit …

Govt defers labour codes implementation
3 years, 11 months ago

Govt defers labour codes implementation

The Hindu  

The four labour codes will not come into effect from April 1 as States are yet to finalise the relevant rules, which means that there will be no change in take home pay of employees and provident fund liability of companies for now. Once the wages code comes into force, there will be significant changes in the way basic pay …

Formalising social security for the informal sector
4 years, 1 month ago

Formalising social security for the informal sector

The Hindu  

During the Budget speech, the Finance inister talked about the 20-year long process of implementing the labour codes in India. These codes passed by the Lok Sabha in the previous year includes the extension of Employee State Insurance and other social security mechanisms to gig economy workers. The Code on Social Security provides for Provident Fund, Gratuity, Employees’ State Insurance …

Centre Notifies Three Labour Codes [Read Notifications]
4 years, 5 months ago

Centre Notifies Three Labour Codes [Read Notifications]

Live Law  

The Central Government on Tuesday notified the three Labour Codes namely: Occupational Safety, Health & Working Conditions Code, 2020 The Industrial Relations Code, 2020 The Code on Social Security, 2020 The three codes are part of the four codes that consolidate 29 central labour laws. The Occupational Safety, Health & Working Conditions Code, 2020 repeals as many as 13 central …

Code debate: The Hindu Editorial on new labour codes
4 years, 6 months ago

Code debate: The Hindu Editorial on new labour codes

The Hindu  

Some laws are far too important and have far too much impact on the people to be passed in haste or without sufficient deliberation. The Industrial Relations Code, the Social Security Code and the Occupational Safety, Health and Working Conditions Code, 2020, are an updated version of the respective Codes of 2019, which were scrutinised by a Standing Committee. The …

Parliament Clears Three Codes To Reform Indian Labour Laws [Read Bills]
4 years, 6 months ago

Parliament Clears Three Codes To Reform Indian Labour Laws [Read Bills]

Live Law  

The Rajya Sabha today passed three Labour codes namely: Occupational Safety, Health & Working Conditions Code, 2020 The Industrial Relations Code, 2020 The Code on Social Security, 2020 These Bills were introduced by Labour Minister Santosh Kumar Gangwar. Inter-state migrant workers and unorganized workers Inter-state migrant workers include a person who: has been recruited by an employer or contractor for …

Parliament Passes Three Key Labour Reform Bills amid Boycott by Opposition Parties
4 years, 6 months ago

Parliament Passes Three Key Labour Reform Bills amid Boycott by Opposition Parties

News 18  

Parliament on Wednesday approved three key labour reform bills that will remove impediments for winding up of companies and allow firing of staff without government permission in firms with up to 300 workers. Amid boycott by opposition parties including Congress and Left over suspension of eight MPs, Rajya Sabha passed by voice vote the three remaining labour codes on industrial …

Opinion | Govt needs to simplify, rationalize labour laws to make them effective
5 years, 5 months ago

Opinion | Govt needs to simplify, rationalize labour laws to make them effective

Live Mint  

India has 44 central, 387 state labour laws, 67 central and 1,333 state labour filings and 674 central and 26,484 labour compliances. Upto 45% wage confiscation due to mandatory social security deductions has led to a large section of the workforce choosing to be informal. To begin with, it subsumes Payment of Gratuity Act, Maternity Benefit Act, Employee Compensation Act, …

Opinion | Time to simplify India’s archaic labour laws
5 years, 9 months ago

Opinion | Time to simplify India’s archaic labour laws

Live Mint  

Astrong mandate leading to a stable government at the centre has reignited the hopes of many. The new government must show its continued commitment to transparency, cutting red tape and nipping corruption by declaring a deadline for implementing India Stack—which is paperless, presence-less, and cashless. The new government must form National Apprenticeship Corp. by merging the Regional Directorate of Skill …

India takes a big step towards dignity of labour via an extensive social security scheme for 50 crore workers
7 years ago

India takes a big step towards dignity of labour via an extensive social security scheme for 50 crore workers

Op India  

In what might be a huge step towards ensuring social security for millions of India workers, the Labour Ministry has proposed an extensive scheme to provide benefits pertaining to retirement, health, old age, disability, unemployment and maternity, to about 50 crore Indian workers. While the whole success or failure of this ambitious social security exercise rests on the implementation, this …

Govt working on universal social security scheme, aims to cover workers from informal sector
7 years, 2 months ago

Govt working on universal social security scheme, aims to cover workers from informal sector

Firstpost  

The government of India is working on the draft of a new social security scheme that would offer a safety cover all workers including those from the informal sector The government of India is working on the draft of a new social security scheme that would offer a safety cover for all workers including those from the informal sector who …

IT start-up employees are entitled to labour law benefits, says government
7 years, 8 months ago

IT start-up employees are entitled to labour law benefits, says government

Live Mint  

New Delhi: Employees of IT start-ups and small industries can claim provident fund and social security benefits under various provisions of labour laws, union labour minister Bandaru Dattatreya said in Parliament on Monday. “The workers of IT start-ups and small scale industries may avail of benefits of provisions of the Employees’ Provident Funds and Miscellaneous Provisions Act, the Employees’ State …

Social security cover for scheme workers soon: EPFO
7 years, 11 months ago

Social security cover for scheme workers soon: EPFO

The Hindu  

The Employees’ Provident Fund Organisation ’s central board of trustees on Thursday decided to extend social security benefits to over 61 lakh unorganised workers. “In an important decision, the Board recommended to the Central government to consider issuing a notification for extending social security benefits to the volunteers of various schemes workers i.e. However, Mr. Sachdev said that the trade …

‘Bill to simplify labour laws coming’
8 years, 1 month ago

‘Bill to simplify labour laws coming’

The Hindu  

The Central government, which is amalgamating labour laws into four major codes, will introduce a bill in the next Parliament session to introduce two of these codes, Minister of State for Labour and Employment Bandaru Dattatreya said here on Friday. After a meeting with members of textile industry associations at Southern India Mills’ Association, the Minister told medipersons that the …

Firms with 10 or more employees may come under EPF Act
10 years, 8 months ago

Firms with 10 or more employees may come under EPF Act

India TV News  

New Delhi: The government is considering a proposal to reduce threshold limit for coverage of firms under the EPF Act to 10 persons. At present, all those firms employing 20 or more workers are covered by the retirement fund body Employees' Provident Fund Organisation for providing social security net. "A proposal to reduce the threshold limit from 20 persons to …

Firms with 10 or more employees may come under EPF Act
10 years, 8 months ago

Firms with 10 or more employees may come under EPF Act

The Hindu  

The government is considering a proposal to reduce threshold limit for coverage of firms under the EPF Act to 10 persons. At present, all those firms employing 20 or more workers are covered by the retirement fund body Employees’ Provident Fund Organisation for providing a social security net. “A proposal to reduce the threshold limit from 20 persons to 10 …

For workers' security
20 years, 6 months ago

For workers' security

The Hindu  

Pandhe, general secretary, Centre of Indian Trade Unions. Excerpts: The government, particularly the Finance Ministry, has argued that it is not possible to maintain the interest rate of 9.5 per cent on workers' savings in the EPF because the market rate of interest has been falling. Many PSUs now borrow from commercial banks at more than 12 per cent; they …

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