Social security for gig workers: Labour ministry finalising scheme, to seek Cabinet nod soon

A writer.

Surh

The government completes the outline of the Social Security Scheme for GIG employees, which is likely to be delivered to the Union’s cabinet. Shift, if it passes, it will provide a security network to India’s growing Gig workforce, many of which have done such work due to lack of employment opportunities.

According to the sources, the Ministry of Labor is holding discussions with GIG employees’ associations, online aggregators and state governments and is completed by the scheme, which will be based on 1% to 2% of the daily earnings of the Gig. He works with.

According to the union budget, each Gig employee will be registered at the e-Stram portal of the Ministry of Labor and a 12-digit universal account (UAN). Based on this, the Gig employee will designate, and the investment will be removed from each platform, on which they work. According to the scheme, the employee will receive a premeditated fund and pension benefits.

The investment quantum is still final, but it can be from 1% to 2%.

If the employee decides to move to another job, according to the scheme, the Social Security account will be merged under the organization of the Predictive Fund of Employees.

NIT Aayog estimated that India has about 7.7 million gigs in 2020-21, but their figures show that more than 10 million have increased so far. The scheme is expected to help gig employees who need to rely on their daily income without a security network. Although several aggregators provide random insurance to employees, they do not have a social security scheme.

The union’s budget has also announced the inclusion of Gig employees under Pradhan Mantri Jan Arogya Yojana.

The Social Security Code, 2020, which has yet to be carried out, provides for real social security measures for GIG employees and life costumes, accident insurance, health and elderly. It also provides for a social security fund to promote a welfare scheme. Sources said the proposed benefits would be formulated in accordance with the Code, and no separate legislation is needed.