Widening social security cover

Draft code on social security & welfare would expand benefits

Through a Draft Labour Code on Social Security & Welfare, the government has drawn up a plan to consolidate 15 different social security statutes into a common piece of legislation. 

Through this, the ministry of labour & employment hopes to bring workers of almost all categories — including casual workers, those earning below the minimum wage and those in the unorganised, part-time, seasonal and self-employed sectors — under a robust, defined and comprehensive social security net. The impact, when it takes a final shape, is likely to be felt by businesses in terms of additional costs of compliance, more so