-The Hindu No timeline for rolling out 4 labour codes yet Implementing the Code on Social Security, 2020 and bringing the maximum number of workers under the ambit of social security schemes were the top priorities of the government, according to Labour and Employment Minister Bhupender Yadav. Mr. Yadav told The Hindu on Tuesday that the focus on expanding social security schemes would be discussed during the Employees’ State Insurance Corporation’s meeting on...
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A mirage sold as a panacea for the unorganised sector -Mohan Mani and Babu Mathew
-The Hindu The labour codes will only better India’s ‘ease of doing business’ ranking instead of improving conditions of employment In an interview with The Hindu in October this year, the Union Labour Minister claimed that the four labour codes would generate employment and secure the basic rights of the workers. He also claimed that the labour codes seek to universalise the right to minimum wage of workers and social security entitlements....
More »New report by American Bar Association exposes the dark underbelly of Indo-US sandstone trade
Often exports made by a country to the rest of the world are seen in a positive light by us. It is because exports not only earn precious foreign currencies (that can be used for importing goods and services or simply be used for building forex reserves), it also helps in generating effective demand for goods and services produced in that country and hence, contributes to economic or GDP growth....
More »Employees' unions oppose govt plan to sell shares in LIC
-PTI Finance Minister Nirmala Sitharaman said the Life Insurance Corporation of India (LIC) will be listed as part of the government disinvestment initiative. LIC employees' unions on Saturday opposed the Centre's plan to sell a part of its shares in the state-run insurance behemoth through an initial public offer (IPO), insisting that the move is "against the national interest". Please click here to read more. ...
More »ESIC may cover gig economy workers as part of new Social Security Code Bill -Somesh Jha
-Business Standard The government has made an enabling provision in the code to provide insurance cover, under the ESI schemes, to gig, platform and plantation workers Workers employed in the gig economy may soon be eligible for insurance benefits provided by the state-run Employees’ State Insurance Corporation (ESIC). The move is a part of the Social Security Code Bill, 2019 approved by the Union Cabinet on Wednesday. The Code has also proposed...
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