New Labour Laws: The unorganized sector in India that has long been deprived of a thoughtful social security framework is now going to be inclusive and progressive.
For the first time ever, gig and platform workers have been legally defined to the delight of unorganized sector employees. Going forward, social security scheme will include accident insurance, old age protection, life & disability pension, health & maternity benefits, etc.
Comprehensive Social Security Scheme-New Labour Laws
A comprehensive social security scheme has been announced that will cover a wide range of needs. The scheme will include accident insurance, providing medical coverage and financial support for work-related injuries. This will act as a crucial safeguard for those in high-risk and physically demanding jobs. Furthermore, old-age protection in the form of pensions will help workers prepare for retirement, dismantling all possible fears of destitution in their later years.
Life and disability pensions are also on the agenda as per the new labour laws. This will ensure that workers and their families & dependents are never left without means of support during hard times.
Maternity Benefits For Women Workers
New Labour Laws also have a provision of maternity benefits for women workers. This reflects a deeper and inclusive understanding of the social realities and needs of a diverse workforce. Access to health care improves the well-being of workers while also boosting productivity and economic stability in the community.
The ripple effects of these New Labour Laws are manifold. The law by formalizing gig and platform workers for the first time opens doors for greater inclusion in both organized and unorganized sectors of the country. It also sets an excellent precedent for leveraging technology and policy together to craft solutions for modern workforce challenges.
In short, these new labor laws promise a more secure future for millions of previously unprotected workers – a transformative step towards economic justice and social inclusion.
