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Labour reforms:Govt fully operationalises four new codes by publishing rules

Labour reforms:Govt fully operationalises four new codes by publishing rules

by AIP Online Bureau | May 9, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation

The codification of 29 existing labour laws into the four labour codes was undertaken to address long-standing challenges and make the system more efficient and contemporary.The codification aims to enhance ease of doing business, promote employment generation, ensure...
Time for greater workforce formalisation, expansion of social security coverage:SBI report

Time for greater workforce formalisation, expansion of social security coverage:SBI report

by AIP Online Bureau | May 8, 2026 | Data, Eco/Invest/Demography, Pension & Social Security, Policy

Punjab records the highest share of informal workers at 82 per cent, followed by Uttar Pradesh and Bihar at 81 per cent each.Rajasthan, Chhattisgarh, Andhra Pradesh and Madhya Pradesh also exhibit high levels of informal employment, with nearly 74 per cent of workers...
New labour codes give gig, platform workers portable social security benefits

New labour codes give gig, platform workers portable social security benefits

by AIP Online Bureau | Dec 9, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security

Under the Social Security code, aggregators are now required to contribute 1–2 per cent of annual turnover, capped at 5 per cent of payments made or payable to gig and platform workers to a Social Security Fund, an official statement said.The fund finances a range of...
Social security coverage rises to 64% from 19% in 2014: Mansukh Mandaviya

Social security coverage rises to 64% from 19% in 2014: Mansukh Mandaviya

by AIP Online Bureau | Dec 3, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pension & Social Security, Policy

Labour and Employment Minister Mansukh Mandaviya noted that 94 crore people in the country are currently covered under accident, health and pension benefits, placing India just behind China, which covers 107 crore people New Delhi: India has expanded social security...

Trade unions demand tax incentives on social security contributions and minimum pension hike

by AIP Online Bureau | Nov 20, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy

They also demanded to stop privatisation of LIC and GIC through different moves like LIC-IPO and withdraw the Bill allowing 100 per cent FDI in the insurance sector, which is detrimental to the larger interest of the common people and the nation New Delhi:...
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