According to a senior government official, the plan, part of the Social Security Code enacted in 2020, could include accident, health insurance and retirement benefits.
India's experience with Coal Mines Provident Fund and Seamen's Provident Fund should lead us to ask if the idea of a centralised welfare fund is itself problematic, and prone to misuse.
Some platforms are pushing back against proposed fee they would have to pay for workers' welfare, while other industry bodies say that if done right, it could boost investment in economy.
Under the bill, online platforms will collect a surcharge of up to 2% on transactions & deposit it in a welfare fund to be run by workers, govt & industry representatives.
Investing in more capital than in employing labour can work in most countries. But India can't blindly emulate developed economies and reduce the amount of labour employed.
Entrepreneurs and tech talent from both sides of India-Pakistan border have been collaborating with each other for years now, but it’s still strictly hush-hush.
Gig workers, especially in start-up sector, will make up 4% of India’s total workforce by 2024, up from 1.5% in 2020-21, says report by financial platform StrideOne.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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