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News ECONOMY

  • Dec 22, 2012
  • Govt to soon launch social security insurance scheme

    A social security insurance scheme for the unorganised sector is likely to be the next big announcement the government will make as part of its inclusive politics agenda in the run-up to the 2014 general elections. The government is gearing up to launch the scheme, flagged by the National Advisory Committee ( NAC) headed by Congress president and United Progressive Alliance ( UPA) chairperson Sonia Gandhi. She held a meeting of the NAC today, where department of financial services secretary D K Mittal and labour secretary M Sarangi made a presentation on the salient features, coverage planned, implementation plan and timelines for implementation of the Comprehensive Social Security Insurance Scheme ( CSSIS).

    Source - http://business-standard.com