Unorganised Sector

According to various estimates, there are roughly 500 million unorganised workers in the country

The government is working on integrating welfare schemes across ministries into a single portal for unorganised sector workers to access, as well as for private firms to tap into for labour needs

Union minister Rajiv Ranjan Singh on Thursday stressed the need to bring fish farmers into the organised sector to enable them to take benefit of various government schemes, besides tackling challenges of marine pollution and illegal fishing. Addressing an event on 'World Fisheries Day', the minister of fisheries, animal husbandry & dairying highlighted that India is the world's second-largest fish producer and expressed confidence that the country will soon become top producer globally. India's fish production has surged 82 per cent to 175.45 lakh tonnes in 2022-23 from 95.79 lakh tonnes in 2013-14. Singh credited the sharp rise in fish production to the Prime Minister Narendra Modi-led government's various measures in the last 10 years to boost growth in the fishery sector, including Pradhan Mantri Matsya Sampada Yojana and Fisheries and Infrastructure Development Fund (FIDF). He said 3 crore people are directly involved in the fishery sector. Listing out the challenges faced by

New facility aims to add millions of unorganised workers to social security benefits

The One Stop Solution entails consolidating and integrating data from various central ministries/departments into a single repository

The national database of informal sector workers eSharm portal has crossed the 30-crore registrations milestone in a period of three years, the labour ministry said on Monday. This achievement highlights the social impact and the government's commitment to support unorganised workers across the country, a labour ministry statement said. According to the statement, the Ministry of Labour & Employment (MoLE) launched the eShram portal on August 26, 2021. In three years since its launch, eShram has registered more than 30 crore unorganised workers, showcasing its rapid and widespread adoption among the unorganised workers, it stated. The government envisages to establish the eShram portal as a "One-Stop-Solution" for the country's unorganised workers. During the Budget speech 2024-25 it announced that, "a comprehensive integration of eShram portal with other portals will facilitate such One-Stop-Solution." This initiative aims to facilitate access of various social security schemes

He emphasised that aggregators, companies that employ gig and platform workers, will be asked to take the lead in registering their workers on the portal

Proposal requires estimating liability on account of benefit under the PM-SYM scheme

Contrarily, total number of workers employed by OAEs declined by 1.81 million to 67.95 million in this period

The matter was also discussed with the finance minister Nirmala Sitharaman on Monday as central trade unions made representations as part of the pre-Budget consultation

Experts attribute the slow offtake under the scheme to high inflation and rise in cost of living

Between August 2021 and March 2022, close to 270 million workers had registered on the e-Shram portal

Meetings have already begun with the relevant ministries and government depts

The staffing industry grew 3.6 per cent in October-December 2023 as compared to the previous quarter, the Indian Staffing Federation (ISF) said on Monday. ISF, the apex industry body representing manpower outsourcing industry, released the Flexi Staffing Industry Employment growth report for Q3 FY2024 (October-December 2023). The staffing industry witnessed a 3.6 per cent growth in December quarter FY24 in comparison to July-September period, recording a robust demand for flexi (contract) workforce, ISF said in a statement. The staffing industry grew at 16.4 per cent year-on-year in the period January-December 2023. The rise in employment was particularly notable in key sectors such as e-commerce, retail, FMCG, logistics, manufacturing, hospitality, tourism, aviation, energy etc, it stated. The report highlighted that as of December 2023, the total formal flexi workforce employed by members of ISF reached 1.62 million. The reported figures for new flexi jobs by ISF represent the

Experts say states that announced green policies have led the investment pack

Employees' State Insurance Corporation has already initiated several discussions with various stakeholders

Industry has asked for access to the e-Shram database which will help us enable skilling and employability of the unorganised workforce in the country

As many as 2.6 million freshers were actively looking for job opportunities in the last 30 days

UCBs that aspire to become SFBs do not want the same limits on loan size and priority sector targets that SFBs have, especially when not many of them have sought to become SFBs

Four years since its launch, the Rajasthan authorities have managed to enrol less than five per cent of its unorganised workers in the Pradhan Mantri Shram Yogi Maandhan Yojana