The labour ministry will rework the draft social security code again, after the Prime Minister’s Office (PMO) pulled it up over the proposals that did not meet the objective of unifying all social security benefits under an umbrella scheme, a government official said.
The ministry’s third draft does not align with the government’s intent to move towards universal social security, the official said.
The PMO is unhappy as the concept of “universal” was missing in the draft code, the official told ET. “The labor ministry has formed a committee to rework the code following a directive from the PMO.”
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The third draft presented by the Santosh Kumar Gangwar-led labour ministry has proposed that the Employee Provident Fund Organisation (EPFO) and Employee State Insurance Corporation (ESIC) be subsumed under a central body with a corporate-like structure.
Source: Economic Times
