Page 7 - Social Security

A deep dive into the labour codes and what they have in store for India Inc

The rules relating to these codes, finalised by the union labour ministry, are silent on several concerns of Indian enterprises and other stakeholders

ESIC scheme adds around 1.2 million members in October, shows data

Gross new enrolments with the Employees' State Insurance Corporation (ESIC) were 0.8 million in June

Azim Premji calls Covid-19 a magnifying glass for structural injustices

Says the pandemic has been a sharp reminder that the economy is a part of society and that human well-being matters in all its dimensions equally

Employees or contractors? Gig universe faces a social code dilemma

Globally, there have been public debates on the nature of the job of gig workers and the social security framework they deserve to get.

Labour Min gives 45 days for feedback on Social security code draft rules

Ministry notified draft rules on November 13, inviting objections and suggestions from stakeholders

Gig workers to make PF contribution, get social security for first time

Over 1 million workers set to join new regime in first year

Hire, fire, do business: How new labour codes aim to help companies

Labour reforms passed by Parliament aim to make hiring and firing workers easier as they reduce a number of regulatory approvals. Somesh Jha explains how these reforms could help businesses

Centre notifies three labour codes subsuming 25 laws after President's nod

The new labour laws will be made effective by the government later

India eyes services concessions, easier visa rules in UK trade pact

New Delhi wants proposed 'early harvest' trade pact to focus on at least 40-50 items

ESIC-run social security scheme adds 741,000 new members in July

The NSO report showed gross enrolments of new subscribers with the ESIC were 15.1 mn in 2019-20, against 14.9 mn in the previous fiscal

Gig firms to contribute 1-2% of turnover for social security of workers

Workers will be entitled to life and disability cover, accident insurance, health and maternity according to proposal to be introduced in Lok Sabha today.

Gig firm contributions towards staff social security to be mandatory soon

Code approved by Cabinet will also have provisions enabling self-employed workers to make voluntary contribution towards EPF schemes; Gig workers to enjoy ESIC benefits as well

Democrats say Donald Trump's payroll tax break weakens Social Security

President Donald Trump's move to defer Social Security payroll taxes could be taking him into treacherous political territory

Govt should revisit proposed social security code, says labour panel

The panel is set to ask the government to specifically mention the source of the social security fund it has proposed for workers in the unorganised sector

Par panel may submit final report on Code on Social Security on Friday

The panel adopted its draft report in a meeting held on Wednesday, a member of the panel said on the condition of anonymity.

No cash benefits for ESIC subscribers without bank account details

The corporation will further encourage employers to update mobile numbers and bank account details of existing subscribers via an online portal

ESIC social security scheme sees around 821,000 enrolments in March

The NSO report is based on the payroll data of new subscribers of various social security schemes run by ESIC, retirement fund body EPFO and pension fund regulator PFRDA.

Migrant workers head home in coronavirus lockdown, exposed and vulnerable

Unlike countries such as South Africa, which follow a right-based approach giving social security to everyone who joins the workforce, India sticks to an employment-based approach

Bill to provide social security to workers introduced in Lok Sabha

This code seeks to make Aadhaar mandatory for availing of benefits under various social security schemes

ESIC may cover gig economy workers as part of new Social Security Code Bill

The government has made an enabling provision in the code to provide insurance cover, under the ESI schemes, to gig, platform and plantation workers