The government is going to provide social security and health benefits to temporary employees (gig workers) providing services in collaboration with e-commerce companies.
Regarding this, the Ministry of Labor and Employment is considering all the options under which more benefits can be provided to the employees. In talks with stakeholders (e-commerce) companies, the Ministry of Labor has proposed to take a grant from them every month in the interest of employees. This grant will be deposited in equal proportion in the Employees Provident Fund (EPFO) and State Employees Insurance Corporation (ESIC).
The Ministry of Labor wants that temporary employees and their families should get medical and other benefits along with pension. The amount deposited in ESIC will work to secure their future. This amount will go to their pension fund, through which employees will be able to get a fixed pension after the age of 58 years. At the same time, they will also get the benefit of accident coverage through the amount deposited in the ESIC fund. For example, in case of disability or death, the family will get a fixed financial benefit.
Review of other schemes is also underway
Sources say that the ministry is also reviewing the pension schemes operating across the country. It is being seen what is special about which pension scheme and which scheme is being liked the most. In such a situation, the good experiences of the already operating pension schemes will also be included in the social and health facilities provided to gig workers.
Ministry is in favour of monthly grants, not profit
Gig workers will not have to pay any kind of grant to avail the benefits of social and health facilities. This grant will be taken from e-commerce companies or those organizations which are employing temporary employees. Under the provisions of the Social Security Code-2020, companies will have to contribute to the Corporate Social Responsibility Fund. This grant will be one to two percent of their profit or turnover.
Now the ministry says that we are not in favor of taking grants as profit, because the profit will be estimated after one year, which will be verified by the CA. In such a situation, the ministry does not want to look at the accounts of any company. Then deposit money on the basis of profit. Therefore, it has proposed that companies should deposit the grant in the accounts of gig workers in a fixed ratio every month.
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