Building a Wider
Horizon With Labour
The government has proposed to launch a portal to collect relevant information on gig workers to help formulate social security schemes for them - and the migrant workers population at large. The announcement, made by Finance Minister Nirmala Sitharaman in Union Budget 2020-21, comes ahead of the implementation of labour codes, which will happen later this year. While it will increase compliance for on-demand companies, especially e-commerce and ride-hailing firms, the reforms could kick off an expansion in the human resource management sector for blue-collar workers, according to experts. "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," Sitharaman said in her budget speech.
