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Making social security accessible to unorganized sector a priority: Arun Jaitley

New Delhi: January 4,2016

The Union Finance Minister Shri Arun Jaitley said that the making social security schemes accessible to unorganised sector workers is a major challenge, which the Government is keen to address. He said “ to make health and social security benefits accessible to un-organised sector workers like construction workers, migrant labourers, volunteers of different schemes like Anganwadi workers etc are one of the major priorities of the present Government”. The Finance Minister was speaking during his second Pre -Budget Consultative Meeting with the representatives of different Trade Union Groups in New Delhi on Monday.


Shri Jaitley said that the present framework of social security was structured for different groupings –organized, unorganized and those not employed/BPL, which are functional requirements. He said that there is a need to ensure a convergence of benefits for all these groupings, above a minimum threshold.


Finance Minister further said that for employment generation, the Government has taken many initiatives like Make in India, Skill India, Mudra Yojana and National Career Service Portal. “Along with skill development, identifying labour-intensive industries and new areas where jobs can be created like renewable energy and reusable resources etc. and providing employment linked training can be some of the ways to capitalise on the demographic dividend” the Finance Minister added.
The main suggestions made by the trade unions included increasing the minimum wage to Rs.15,000, especially after the Seventh Pay Commission recommended the lowest scale start from Rs.18,000; extending the National Pension System to unorganized sector workers; and increasing education and health allocations to 6% and 3% of the total budget, respectively, from 1% at present.
 

 
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