After PM-SVANidhi for street vendors, Modi govt plans scheme to uplift gig workers, domestic workers

Introduction:

Following the successful implementation of the PM-SVANidhi scheme for street vendors, the Modi government is now working on a new scheme to assist gig workers and domestic workers. The proposed scheme seeks to provide financial assistance and social security benefits to these workers, who often face challenges and lack formal employment benefits.

Key Features of the Proposed Scheme:

The proposed scheme is expected to provide financial assistance in the form of microloans to gig workers and domestic workers. These loans will be designed to help them meet their business needs and personal expenses, thereby promoting self-reliance and economic empowerment.

In addition to financial assistance, the scheme is also expected to include social security benefits such as health insurance, life insurance, and pension plans. This will provide these workers with much-needed protection against unforeseen events and ensure their well-being.

Focus on Gig Workers:

Gig workers, who engage in flexible, short-term work arrangements typically through online platforms, have emerged as a significant segment of the workforce in recent years. The proposed scheme aims to address the challenges faced by gig workers, such as irregular income and lack of social security benefits, by providing them with financial support and protection.

Addressing the Needs of Domestic Workers:

Domestic workers, who provide essential services in households, often face low wages, limited job security, and lack of recognition. The proposed scheme seeks to uplift domestic workers by providing them with financial assistance and social security benefits, thereby improving their working conditions and overall well-being.

Conclusion:

The Modi government's proposed scheme for gig workers and domestic workers is a significant step towards recognizing and addressing the challenges faced by these essential members of the workforce. By providing financial assistance and social security benefits, the scheme aims to empower these workers, promote self-reliance, and ensure their well-being.