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    Vikshita Vitthal Gujaran in News

    27-Dec-2022 06:42 PM


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    Government's Key Priorities In 2023 Will Be Implementing Labour Reforms, Social Security

    Implementing labour reforms to be government's focus in 2023 Expanding the social security coverage for unorganised workers and pursuing states to make rules for labour codes will be the key priorities for the government in 2023, as efforts continue to strengthen the country's labour market.
    The states are in the process of completing this exercise.
    The four codes envisage strengthening the protection available to workers, including unorganised workers, in terms of statutory minimum wage, social security and healthcare.
    In a written reply to Rajya Sabha earlier this month, Minister of State for Labour and Employment Rameshwar Teli said the apex court judgement has legal, financial, actuarial and logistical implications.
    The Employees Provident Fund Organisation (EPFO) has more than six crore subscribers and a large number of them will benefit from opting for contribution on wages higher than the threshold of Rs 15,000 per month.

    Source - https://www.ndtv.com/business/governments-key-priorities-in-2023-will-be-implementing-labour-reforms-social-security-3641028#pfrom=home-business_topstories