Updated Feb 02, 2021 | 21:07 IST
ET Now s StartUpCental decided to find out more with Swiggy, that engages with nearly 1.1 lakh gig workers. Representational Image
Finance Minister Nirmala Sitharaman in Union Budget 2021 has taken a giant step to formalise the gig economy. The proposal is to launch a portal to collect relevant information on gig workers to help formulate social security schemes aimed at them. For the first time globally, social security benefits will extend to gig and platform workers. Minimum wages will apply to all categories of workers, and they will all be covered by the Employees State Insurance Corporation,” said the Finance Minister in her budget speech in Parliament.
The exercise has been felt necessary after millions of migrant workers moved back to their rural homes during the pandemic and the government had no data to track them.
To bring the nylon chain on par with polyester and other man-made fibres, basic customs duty (BCD) rates on caprolactam, nylon chips and nylon fibre & yarn will be uniformly.
Migrant workers to get minimum wages, rental homes but experts unhappy with lack of MNREGA push
Migrant workers to get minimum wages, rental homes but experts unhappy with lack of MNREGA push
Katya NaiduFeb 1, 2021, 16:00 IST
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minimum wages, said FM.
As per a 2015 change, minimum wage in India is at Rs 160 per day.
FM exempted notified affordable rental housing projects from tax to help migrants move away from shanties.
The number of people demanding work under MGNREGA is rapidly rising and the lack of announcements on it was disappointing, says Radhicka Kapoor of ICRIER.All of India has gone through a lot of pain and suffering during the Covid-19 pandemic, but none worse than
Gig economy get a leg up, workers to get social security benefits
February 01, 2021
Gig workers, who don’t have any protective cover, have got a shot in the arm as the government has decided to extend social security benefits to them. A special portal is being set up where in gig workers can register and get to know about relevant schemes.
“For the first time globally, social security benefits will extend to gig and platform workers,” Union Finance Minister Nirmala Sitaraman has said, while presenting the Budget for 2021-22.
The benefits proposed in the Budget would include minimum wages and health cover under the Employees State Insurance Corporation (ESIC).