• search

'Social security for unorganised sector need of hour'

Written by: Staff
|

Hyderabad, July 8 (UNI) Chairman of the National Commission on Enterprises in the Unorganised sector Arjun K Sengupta has sought cooperation from all sections for the launch of the ambitious social security scheme for the unorganised sector.

The more than Rs 55,408 crore scheme was very much feasible, he said yesterday while inaugurating a National Convention jointly organised by the Commission, International Labour Organisation and The Centre for Economic and Social Studies here.

If all the 30 crore workers were covered, the available contributions would work out to Rs 32,850 crore, he said. The share of the Centre would be Rs 17,548 crore and that of states Rs 5,010 crore and this was equal to 0.8 per cent of the GDP, he added.

Once the legal provision was through, the Rights-based scheme would get precedence over the Government's other expenditure, he said, adding that ''let us not wait for a foolproof scheme. It has never happened anywhere in the world. Let us initiate the scheme and learn over the process to improve it.'' The Centre's role would only be supportive and the Social Security Boards in the states would have to implement it, ensuring full participation by the beneficiaries, Mr Sengupta said.

Highlighting the significant features of the scheme covering workers in the unorganised sector with a monthly income of Rs 5000 and below, as also self-employed workers, including marginal and small farmers, he said there was no role for intermediaries, as ''it is totally a cashless system''.

UNI SM KVV MA RN1013

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X

Loksabha Results

PartyLWT
BJP+3400340
CONG+88088
OTH1100110

Arunachal Pradesh

PartyLWT
BJP13013
CONG000
OTH202

Sikkim

PartyLWT
SDF606
SKM505
OTH000

Odisha

PartyLWT
BJD78078
BJP22022
OTH10010

Andhra Pradesh

PartyLWT
YSRCP1500150
TDP24024
OTH101

-
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more