Finance Minister Nirmala Sitarman today announced in her budget speech that her government would provide ID card to Gig workers. Gig workers will also be provided access to healthcare through social security scheme.
He said that his government would invest in road vendors and online and urban workers. Group workers of online platforms should be provided with an identity card and registration on the e-rank portal.
PM Sanvidhi Yojana rebuilt with increased loans from banks, UPI combined credit cards with a limit of Rs 30,000, and capacity building support will be ensured.
A committee involving representatives of various stakeholders was formed to suggest a framework to provide social security and welfare benefits to gig and platform workers.
The Ministry of Labor and Employment had issued an advice to register themselves and the workers of the forum were linked to them on the e -ram portal.
Gig workers and platform workers are first defined in the code on Social Security 2020, enacted by Parliament. Social security and welfare provisions for gig and platform workers have been mentioned in the code.
The code provides for the preparation of suitable social security measures for gig workers and forum workers on matters related to life and disability cover, accident insurance, health and maternity benefits, old age protection, etc.
In his budget speech, he said that in the budget 2025, the government’s efforts are on to increase development, inclusive development, private sector investment, uplift domestic sentiments and to increase the expenditure power of India’s growing middle class.
The budget session of Parliament began on 31 January and according to the schedule, will end on 4 April. The budget speech underlined the government’s fiscal policies, revenue and expenditure proposals, taxation reforms and other important announcements.
With this budget presentation, Sitarman has presented his eighth budget.
India’s economy is estimated to increase between 6.3 percent and 6.8 percent in the next financial year 2025-26, the Economic Survey 2024–25, in Parliament on Friday.
Another major guidance, the Economic Survey suggested that India needs to increase by about 8 percent for a decade or two, to achieve the dreams of its watched India, at a time when the growth of the country on the current financial year Weak progress showed in the first two quarters. ,
