Govt dilutes proposal to give universal social security coverage to workers

The National Democratic Alliance (NDA) government has diluted its proposal to provide universal social security coverage to all workers in the country, keeping in mind a slowing economic growth rate, according to a senior government official.

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.

A third draft of the Code on Social Security Bill has been circulated for consultations with trade unions and industry. 

According to the proposed Bill, companies with at least 20 workers will need to deduct contribution