Social security remains a fundamental pillar of social justice: Mandaviya

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Social security remains a fundamental pillar of social justice: Mandaviya - Business Standard

Quick Summary:

Social security remains a fundamental pillar of India's commitment to social justice, Union Labour Minister Mansukh Mandaviya on Monday said, noting that its coverage increased to 48.8 per cent of the total population in 2024 from 24.4 per cent in 2021.

Addressing the inaugural session of the Regional Dialogue on Social Justice 2025, Mandaviya said, "The unemployment rate has declined from 6 per cent in 2017-18 to 3.2 per cent in 2023-24, while the Labour Force Participation Rate has increased from 49.8 per cent to 60.1 per cent".

The consolidation of 29 labour laws into four simplified Labour Codes has promoted labour welfare, universalised wages and social security, and ensured safer working conditions, he pointed out.