PM Modi launches ‘Shramev Jayate Yojana’, promises better work culture

PM Modi launches ‘Shramev Jayate Yojana’, promises better work cultureNew Delhi: Prime Minister Narendra Modi had launched a slew of labour reform ‘Shramev Jayate Yojana’ on Thursday which aimed at reducing hassles for employees and employers to give them a better work culture in India.

Three schemes had been convergence for the unorganised sector — Rashtriya Swastha Bima Yojana, Aam Aadmi Bima Yojana and Indira Gandhi National Old Pension Scheme.

‘Deen Dayal Upadhyay Shrameva Jayate’ titled scheme include a Universal Account Number (UAN) facility for Employees Provident Fund Organisation (EPFO) subscribers.

It is a new labour inspection scheme and a unified web portal to check labour law compliances.

The unified web portal aims at making compliance process easier for industry and will see a common window for compliances of 16 central labour laws. The portal will also enhance transparency in labour inspections based on key performance indices and provide an effective grievance redressal system.

The new inspections scheme envisages doing away with the discretionary power of inspectors and any decision on inspections will be taken only after the proposed central analysis and intelligence unit analyses the compliance reports by the employers.

Bureau Report

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