Page 5 - Social Security
India eyes services concessions, easier visa rules in UK trade pact
New Delhi wants proposed 'early harvest' trade pact to focus on at least 40-50 items
 "India eyes services concessions, easier visa rules in UK trade pact")
ESIC-run social security scheme adds 741,000 new members in July
The NSO report showed gross enrolments of new subscribers with the ESIC were 15.1 mn in 2019-20, against 14.9 mn in the previous fiscal
 "ESIC-run social security scheme adds 741,000 new members in July")
Gig firms to contribute 1-2% of turnover for social security of workers
Workers will be entitled to life and disability cover, accident insurance, health and maternity according to proposal to be introduced in Lok Sabha today.
 "Gig firms to contribute 1-2% of turnover for social security of workers")
Gig firm contributions towards staff social security to be mandatory soon
Code approved by Cabinet will also have provisions enabling self-employed workers to make voluntary contribution towards EPF schemes; Gig workers to enjoy ESIC benefits as well
 "Gig firm contributions towards staff social security to be mandatory soon")
Democrats say Donald Trump's payroll tax break weakens Social Security
President Donald Trump's move to defer Social Security payroll taxes could be taking him into treacherous political territory
 "Democrats say Donald Trump's payroll tax break weakens Social Security")
Govt should revisit proposed social security code, says labour panel
The panel is set to ask the government to specifically mention the source of the social security fund it has proposed for workers in the unorganised sector
 "Govt should revisit proposed social security code, says labour panel")
Par panel may submit final report on Code on Social Security on Friday
The panel adopted its draft report in a meeting held on Wednesday, a member of the panel said on the condition of anonymity.
 "Par panel may submit final report on Code on Social Security on Friday")
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
 "No cash benefits for ESIC subscribers without bank account details")
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.
 "ESIC social security scheme sees around 821,000 enrolments in March")
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
 "Migrant workers head home in coronavirus lockdown, exposed and vulnerable")
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
 "Bill to provide social security to workers introduced in Lok Sabha")
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
 "ESIC may cover gig economy workers as part of new Social Security Code Bill")
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
 "Gig workers set to come under labour laws, get social security benefits")
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
 "Modi govt to draft code on social security and welfare for the third time")
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
 "Social security cover extended to 500 million subscribers, says PM Modi")
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
 "Centre plans PPP model for managing workers' social security funds")
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
 "Universal basic income or social security")
