Workforce in unorganised sector to get social security number
Informing that the Centre would provide social security numbers to those working in the unorganised sector, Union Labour Minister Sahib Singh Verma said that the Govt. would review labour laws to provide adequate protection to the workforce in thi...
"In our country, out of a total workforce of about 400 million only around eight per cent is covered under one or the other social security schemes whereas 92 per cent of workers were without any social protection", Singh said.
"It is this vast majority of nearly 37 crore in the unorganised sector who need social protection and there is a need to rationalise existing labour laws," he said.
Verma said the Centre was also thinking about Social Security Protection Act for the workers in the unorganised sector. "We are discussing this with MPs and various states and will come out with something soon on this, possibly in the next budget session", he said.
Speaking after inaugurating a 50-bed model Employees State Insurance hospital here, he said this was the third such hospital to be set up in a series of 16 after the one already inaugurated at Hyderabad and Jaipur.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.