The second labour commission had also mooted such a proposal for the unorganised sector workers including the construction workers and self-employed workers.
The parliamentary standing committee on labour vetting the labour code on social security is likely to ask the government to incorporate a provision of providing unemployment insurance for most of the unorganised sector workers, barring those working in farms and as domestic helps, in the code.
A fund can be created by the government in which the insured person will contribute on a monthly basis and the government will also chip in. It will help those who have not got the job yet even after attaining a certain age or skill or those who have fallen unemployed after in the job, the committee may suggest.
A senior committee member, on condition of anonymity, said that the absence of any provision for unemployment insurance for the unorganized sector workers in the draft seems to be the biggest gap and therefore, it becomes imperative on the part of the government to incorporate such a provision.
Source: Financial Express
