The Ministry of Labour & Employment has notified the official constitution of the National Social Security Board for Unorganised Workers and Gig & Platform Workers, according to an official release. Established under the Code on Social Security, the move aims to integrate digital gig and platform professionals into India’s formal welfare architecture alongside traditional unorganised workers.
According to the ministry, the Boards will be presided over by the Union Minister for Labour & Employment and will include representatives from Central and State Governments, aggregator companies, employers, civil society organizations, workers’ unions, and gig and platform associations. The Boards are mandated to design, monitor, and recommend targeted welfare schemes to bridge the social security gap.
The release stated that the National Social Security Boards will meet at least thrice a year. Their functions include recommending suitable schemes to the Central Government, advising on matters arising from the administration of the Code, monitoring welfare schemes, reviewing state-level record keeping and fund expenditure, and performing other functions assigned by the Central Government.
What it means
- The Board will be presided over by the Union Minister for Labour & Employment and include various representatives such as state officials, aggregators, employers, and unions.
- The National Social Security Boards are required to meet at least three times a year.
Source
Press Information Bureau, Government of India, “Government notifies National Social Security Board for Unorganised Workers and Gig & Platform Workers under the Labour Codes”. Read the original release.
Summary of an official release for general information only. Not investment advice. Read the original source before acting on any information.
Official RBI, SEBI, Government and Defence updates as they happen.
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