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 communicati ...

to amend and consolidate the laws relating to

social security Welfare spending 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 specifically to social insurance ...

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, gig workers 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 A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typical ...

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 currently serving as the Governor of Jharkhand. He is a former Minister of State with independent charge in the Ministry of Labour and Employment in the Government of India. ...

. The bill was passed by the

Lok Sabha The Lok Sabha, also known as the House of the People, is the lower house of Parliament of India which is Bicameralism, bicameral, where the upper house is Rajya Sabha. Member of Parliament, Lok Sabha, Members of the Lok Sabha are elected by a ...

22 September 2020 and the

Rajya Sabha Rajya Sabha (Council of States) is the upper house of the Parliament of India and functions as the institutional representation of India’s federal units — the states and union territories.https://rajyasabha.nic.in/ It is a key component o ...

on 23 September 2020. The bill was formulated according to the Report and Recommendations of the Second National Commission on Labour. 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. 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
/ref> As per notification dated 3 May 2023 issued by Ministry of Labour and Employment,

Government of India The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union t ...

several sections of the code pertaining to Employees Pension Scheme and Employees Provident Fund Scheme came into force

References

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

Background

See also

References