Page 7 - Social Security

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

Statsguru: Public firms are increasingly denying social security to workers

While the transition from agriculture to other sectors is taking place, manufacturing is not providing the necessary buffer before the workforce shifts to the services sector

Govt dilutes proposal to give universal social security coverage to workers

In the latest draft of the Code on Social Security Bill, 2019, the government has decided to stick to the current thresholds for providing social security benefits to workers by industry

Gig workers set to come under labour laws, get social security benefits

According to draft Code on Social Security, 2019, gig and platform workers will be entitled to life and disability cover, health and maternity benefits, among others

Modi govt to draft code on social security and welfare for the third time

Both trade unions and industry bodies had raised objections to some provisions in the proposed law

Social security cover extended to 500 million subscribers, says PM Modi

During the interaction, Modi summarised various initiatives of the government in taking care of the old and elderly

Centre plans PPP model for managing workers' social security funds

At present, 50-60 million workers are covered under insurance schemes of Employees' State Insurance Corporation (ESIC) and provident and pension schemes of EPFO

Why 'inclusive growth' means little without social security for unorganised

The numbers did decline between 2004-5 and 2009-10 from 406 mn to 268 mn in 2012 based on the Tendulkar Method

Universal basic income or social security

What we need is a blueprint for universal health care and pensions to help the vulnerable section

Widening social security cover

Draft code on social security & welfare would expand benefits

Your assets will determine if you get free safety net or not

Less well-off citizens keen to get social security from the government free of cost under the proposed universal social security scheme might have to state the value of their total fixed assets, such as house, jewellery and electronic goods. At present, social security benefits in India are restricted to the formal sector. The labour ministry has proposed universal social security coverage -- preventive and general practitioner care, benefits for sickness, unemployment, old age, employment injury, maternity and invalidity.The ministry has proposed to gauge what should be the minimum wage for the unorganised and self-employed poor through the value of their total fixed assets. Those above the threshold sought to be fixed might be asked to pay something for the social security benefit. The draft code, circulated by the ministry, says a subscriber to the fund proposed in this regard, whose monthly income is higher than the minimum wage, would have to pay for the benefits. For those ...

Govt plans all social security for workers

Rules being drafted, to also cover unorganised sector; maternity benefit, old age pension, sickness allowance to be included

Social security pact with Japan to be effective from October

India till date has signed SSA with 19 countries and SSAs have been in operation with 15 countries so far

Letters: Focus on social security

Apropos the report, "Govt buries EPF tax", I wonder why the government did not think through and consult stakeholders before proposing the tax in the first place?Having said that, the National Democratic Alliance government accepted the people's request graciously and reversed the decision within a week of presenting the Budget proposal.The government has the right intention when it says that it wants to build a pensioned society. The bigger problem is the lack of adequate health care services for retired people, compared to the system, say, in the USA.Like the Public Provident Fund, the National Pension System should come under the exempt-exempt-exempt tax bracket, so that it would be preferred as much as the former is by the middle class. Hopefully, this issue will prompt the government to focus on strengthening social security benefits.Bal Govind NoidaLetters can be mailed, faxed or e-mailed to:The Editor, Business StandardNehru House, 4 Bahadur Shah Zafar MargNew Delhi 110 002Fax