Social Security Benefit Expands to Platform, Gig Workers: FM Sitharaman – Community News
Social Security

Social Security Benefit Expands to Platform, Gig Workers: FM Sitharaman

The government said Monday that Social Security benefits will be extended to platform and gig workers. Presenting the Union’s budget for 2021-22, Finance Minister Nirmala Sitharaman said the government also proposed to set up a portal to collect information about handymen, construction workers, among others.

A portal will be set up to collect information about gig and platform workers, building and construction workers, among others, to provide them with benefits such as health, credit (easy financing), food and others, Sitharaman said in her budget speech in Lok Sabha.

She noted that the 2020 Code on Social Security has made provisions for the first time for the universalization of Social Security for the entire workforce, including gig and platform workers.

The gig and platform workers are the ones involved in various ecommerce companies like UBER, OLA, SWIGGY and Zomato. These workers receive no wages and are thus deprived of social security benefits such as a provision fund, group insurance and pension.

India has a total workforce of more than 50 crore, including 40 crore in unorganized sector including agricultural and rural workers.

The finance minister also noted the labor reforms implemented by the government, with most labor laws being summarized in four broad codes on wages, industrial relations, social security and occupational safety, health and working conditions.

Sitharaman further shared that the plan for one nation, one ration card is being implemented in 32 states, 1 union territory.

A central university will be established in Leh, the finance minister said adding 100 new Sainik schools will be set up in partnership with NGOs and 15,000 schools will be strengthened according to the National Education Policy Union Budget for 2021-22.

The cabinet also proposes to adjust the apprenticeship system to increase the opportunities for young people. Modalities are being worked out for a national research foundation to be allocated Rs 50,000 crore over a five-year period, she said.