-The Indian Express The objective is to ensure that a standard minimum wage rate exists for all kinds of occupations. The government is seeking to significantly boost incomes of the country’s lowest paid workers by substantially raising the minimum wages payable to them, mandating payments through formal banking channels and ensuring they get social security benefits like Provident Fund and medical insurance. Fresh amendments are being readied to incorporate these changes to...
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Right to privacy must be safeguarded -Jaswant Kaur
-The Tribune The Supreme Court may take time to decide upon existence or non-existence of the “right to privacy”. The Aadhaar project should not be scrapped.It should be implemented with safeguards to prevent the misuse of biometric data. The tussle over right to privacy is is still on in the Supreme Court of India. While the government has already completed 75 per cent of its work, debate on the existence of one...
More »Labour meet proposes social security schemes for workers -Somesh Jha
-Business Standard No consensus as yet on social security code Even though the Indian Labour Conference (ILC) could not build a consensus on forming a labour code on social security schemes, it recommended a slew of measures to broaden their coverage. The two-day conference, a tri-partite platform of trade unions, industry and the government, concluded here on Tuesday with a series of recommendations. It recommended that Employees' State Insurance Corporation (ESIC) coverage be expanded...
More »Atal Pension Yojana: Guaranteed, but low pension -Anand Kalyanaraman
-The Hindu Business Line The Atal Pension Yojana is intended as a safety net for workers in the informal sector The Atal Pension Yojana (APY), like the National Pension System (NPS), seeks to provide monthly pension to subscribers from the age of 60. While the APY is open to all citizens of India between 18-40 years, it is focussed on workers in the unorganised sector. Guaranteed pension The scheme has been tailored to make it...
More »Shankar Aggarwal, Union Labour Secretary, speaks to Somesh Jha
-Business Standard The Centre proposed a slew of measures for workers ahead of Labour Day. Suggesting flexibility for employers in hiring and firing labour, it also proposed provisions for a better compensation package. Union Labour Secretary Shankar Aggarwal tells Somesh Jha both workers and employers should be ready for a change demanded by the new dynamism of the economy. Edited excerpts: * How important is rationalisation of trade unions? Unions are formed so...
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