Absence of state rules may create a legal vacuum and defeat the entire purpose of labour reforms as three-fourths of the total establishments come under states ambit.
Lieutenant Governor Manoj Sinha
The Jammu and Kashmir government last week handed over a cheque of Rs 250 crore to Jammu and Kashmir Bank as the second instalment of 5 per cent Interest Subvention under Economic Package, as Covid-19 relief for the business sector.
Till date, around 3.41 lakh small and big business establishments have availed the benefits of the Interest Subvention. Highlighting the initiatives taken by the government for bringing reforms in the economic sector in J&K, the Lieutenant Governor Manoj Sinha said that an amount to the tune of Rs 264 crore was disbursed as financial assistance to 16,800 youth identified to become entrepreneurs under the
Social security for faster growth
Helping hand There is an urgent need to extend MNREGA to urban workers - Thulasi Kakkat
Helping hand There is an urgent need to extend MNREGA to urban workers - Thulasi Kakkat×
Providing social security to unorganised sector workers will be key to India becoming a global manufacturing hub
The Directive Principles of State Policy in the Constitution envisaged the creation of a social welfare state as resources became available. In post war Europe, the evolution of the social welfare state was reaching completion and this would have shaped the thinking in the Constituent Assembly. The working class movement gained in strength with industrialisation in Europe in the early twentieth century and the provision of social safety was a major goal.
The labour ministry has finalised the scheme for gig workers under the Employees State Insurance Corporation, which will be announced alongside the rollout of the Social Security Code.