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NAC, govt review social security plan for unorganized sector by Remya Nair & Anuja

In an indication that the ruling Congress may be looking to evolve a comprehensive social security package ahead of the next general election, the Sonia Gandhi-led National Advisory Council (NAC) has started a consultative process with four central government ministries aimed at linking existing and new schemes for the huge unorganized sector. The plan, according to an NAC member, is to issue one entitlement card to every worker in the unorganized...

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NAC wants unorganised workers’ Act to be more inclusive

-Express News Service   The Sonia Gandhi-chaired National Advisory Council (NAC) on Tuesday asked a working group under it to work out implementation mechanisms and financial implications of a comprehensive social security package to make the Unorganised Workers’ Social Security Act, 2008 more inclusive. The direction came during a meeting where a working group on ‘Social Security for Unorganized Workers’ presented its draft suggestions for a “comprehensive social security package, that includes Health...

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Finance Ministry to provide 'affordable' 3-in-1 security for unorganized sector workers by Dheeraj Tiwari

The finance ministry is putting shape to a new social security scheme for unorganized sector workers, creating for the first time a safety net for millions of underpaid and overworked people, many of whom living in abject poverty.  The ministry has discussed with the Life Insurance Corporation (LIC) and the four state run non-life insurance companies the contours of this scheme that will provide life insurance, health cover and retirement pension...

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Cabinet okays fund for unorganized sector

-The Times of India   The Union Cabinet on Thursday cleared setting up a national level social security fund for unorganized workers. The proposed National Social Security Fund will have an initial corpus of Rs 1,000 crore and will benefit 43.3 crore workers in the unorganized sector. Unorganized workers form the most significant part of total workers in the country and suffer from cycles of employment and absence of social security...

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Year-long job scheme for urban poor on the cards by Clara Lewis

In a bid to eradicate unemployment from the state, a large part of which has gradually been urbanized over the years, the government plans to introduce an employment scheme that will guarantee jobs for the city poor throughout the year. "Nearly 50% of the state has been urbanized and a large proportion of the population does not have a job. The government plans to introduce an employment guarantee scheme (EGS) for...

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