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LATEST NEWS UPDATES | 55% of construction workers’ welfare fund unspent

55% of construction workers’ welfare fund unspent

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published Published on Feb 3, 2022   modified Modified on Feb 3, 2022

-The Hindu

Rs. 35,399.40 crore spent from 78,521.24 crore collected, Minister tells Lok Sabha in written reply

Over half the amount collected in the form of a cess on construction projects to fund welfare schemes for workers has not been utilised so far, the Labour and Employment Ministry informed the Lok Sabha on Thursday.

The cess, collected under the Building and Other Construction Workers’ Welfare Cess Act, 1996, is supposed to be used by State and Union Territory welfare boards to implement welfare schemes for construction workers. From the enactment of the law till now, a total of 78,521.24 crore had been collected, of which 35,399.40 crore had been spent, Minister of State for Labour Rameswar Teli’s written reply to Biju Janata Dal MP Amar Patnaik said.

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The Hindu, 3 February, 2022, https://www.thehindu.com/news/national/55-of-construction-workers-welfare-fund-unspent/article38371236.ece?homepage=true


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