The Code on Social Security, 2020 is a

code In communications and information processing, code is a system of rules to convert information—such as a letter, word, sound, image, or gesture—into another form, sometimes shortened or secret, for communication through a communication ...

to amend and consolidate the laws relating to

social security Welfare, or commonly social welfare, is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specificall ...

with the goal to extend social security to all employees and workers either in the organised or unorganised or any other sectors. The Social Security Code, 2020 brings

unorganised sector An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countrie ...

gig workers Gig workers are independent contractors, online platform workers, contract firm workers, on-call workers, and temporary workers. Gig workers enter into formal agreements with on-demand companies to provide services to the company's clients. In m ...

and platform workers under the ambit of social security schemes, including

life insurance Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death ...

and disability insurance, health and maternity benefits, provident insurance, pension and skill upgradation, etc. The act amalgamates nine central labour enactments relating to social security.

Background

The bill was introduced by the Labour Minister

Santosh Gangwar Santosh Kumar Gangwar (born 1 November 1948) is an Indian politician and the former Minister of State with independent charge in the Ministry of Labour and Employment in the Government of India. He is a Member of Parliament (16th Lok Sabha), f ...

. The bill was passed by the

Lok Sabha The Lok Sabha, constitutionally the House of the People, is the lower house of India's bicameral Parliament, with the upper house being the Rajya Sabha. Members of the Lok Sabha are elected by an adult universal suffrage and a first-past ...

22 September 2020 and the

Rajya Sabha The Rajya Sabha, constitutionally the Council of States, is the upper house of the bicameral Parliament of India. , it has a maximum membership of 245, of which 233 are elected by the legislatures of the states and union territories using si ...

on 23 September 2020. The bill was formulated according to the Report and Recommendations of the Second

National Commission on Labour National Commission on Labour is an Indian statutory body to recommend the changes in the labour laws. History The first National Commission on Labour was set up on 24 December 1966 under the Chairmanship of Justice P.B. Gajendragadkar. The ...

. It consolidated The Employees’ Compensation Act, 1923, The Employees’ State Insurance Act, 1948, The Employees’ Provident Funds and Miscellaneous Provisions Act, 1952, The Employment Exchanges (Compulsory Notification of Vacancies) Act, 1959, The Maternity Benefit Act, 1961, The Payment of Gratuity Act, 1972, The Cine Workers Welfare Fund Act, 1981, The Building and Other Construction Workers Welfare Cess Act, 1996,

Unorganised Workers' Social Security Act 2008 Unorganised Workers' Social Security Act 2008 was an Act of the Parliament of India enacted to provide for the social security and welfare of the unorganised workers(meaning home-based workers, self-employed workers or daily-wage workers). This ...

. The bill received the presidential assent on 28 September 2020, and section 142 of the Act has come into force on 3 May 2021.Gazette of India notification
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References

{{reflist Indian labour law Social security in India Acts of the Parliament of India 2020

Background

See also

References