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Workers of unorganized sector to get insurance and pension benefits

The central government has decided to give pension and insurance benefits to the workers in the unorganized sector, who number around 30 crore workers.

Apnainsurance.com Research Bureau

30 Apr 2008

The central government has decided to give pension and insurance benefits to the workers in the unorganized sector, who number around 30 crore workers. The benefits will be provided under the central government's social security scheme in next 5 years.

 

In a conference organized by ASSOCHAM, the Minister of State for Labour and Employment, Mr. Oscar Fernandez said that, "This scheme will cover 1.2 crore workers this year and nearly 5 crore workers will be covered in second phase for which 75% of the grant will be given by central government and  rest 25% will be provided by concerned state government."

 

 



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