Social Security Laws Current Affairs, GK & News

Social Security Code Bill introduced in Lok Sabha

On December 11, 2019, the social security code bill was introduced in Lok Sabha. The bill paves way for universalization of social security of 50 crore workers in the country. Key Features of the bill The bill proposes setting up of a social security fund to fulfill benefits such as medical cover, pension, death and ..

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Facts Box: Drafts Security Code

The Union Government recently circulated the Draft Security Code that integrates existing labor laws and provides new initiatives to provide social security to workers of unorganized sector, insurance and helath benefits to gig workers. It includes drivers of private vehicle hiring services as well. The code also aims at corporatization of organizations like ESIC And ..

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Cabinet approves Payment of Gratuity (Amendment) Bill, 2017

The Union Cabinet has given approved introduction of the Payment of Gratuity (Amendment) Bill, 2017 in the Parliament. The Bill seeks to amend Payment of Gratuity Act, 1972. The Amendment will increase maximum limit of gratuity of employees, in Public Sector Undertakings (PSUs)/Autonomous Organizations under Government and in private sector who are not covered under ..

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