GIG WORKER BILL
Telangana implements gig worker rules, mandates minimum pay, social security benefits
The Telangana government has launched the Telangana Platform-Based Gig Workers Rules, which establish rights for gig workers. Chief Minister A Revanth Reddy introduced the legislation during a ceremony with Rahul Gandhi in Hyderabad. The new rules include provisions for social security benefits, minimum remuneration, and protection against arbitrary account deactivation. Shaik Salauddin from the Telangana Gig and Platform Workers Union emphasized the need for effective implementation of these rights.
Middle class spending boom in India comes with growing debt bill
Consumer borrowing in India has surged significantly as access to credit has expanded across the population. Individuals like Navjot Singh illustrate the financial burdens incurred from loans that have become widespread among the populace. As interest rates increase, many consumers face a heightened risk of default on their debts. Reports show that borrowing against gold and informal loans has also intensified in recent years.
FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay
"We intend to scrutinize the opaque methodology that some companies in these industries may be using to determine how much consumers pay or how much gig workers are paid for the same product or service," FTC Chairman Andrew Ferguson said in a statement.
Nandan Nilekani calls for expanding Account Aggregators to reach street vendors for access credit
Nandan Nilekani emphasizes the importance of expanding the Account Aggregator framework to include self-employed individuals. He highlights the need for access to formal credit for gig workers and street vendors. By incorporating diverse financial information sources, the framework could better assess creditworthiness. Nilekani also stresses a sustainable business model for Account Aggregators to ensure sustainability. This expansion aims to create a more inclusive digital financial infrastructure in India.
Decoding MDR’s impact; EV bikes’ policy change sparks debate
Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.
Karnataka Assembly passes gig workers social security Bill
The Bill establishes a welfare fund for gig workers and proposes a fee ranging from 1-5% on payouts to workers for each transaction, varying by aggregator category, said labour minister Santosh Lad, while tabling the Bill.
Karnataka Assembly passes Bill for welfare of gig workers
The Karnataka Legislative Assembly passed a Bill to safeguard gig workers' rights, mandating aggregators to ensure social security and safety. It proposes a welfare fee of 1-5% on each transaction, establishing a welfare board and fund. The bill also addresses unlawful building regularization, revises shipping fees, extends essential services maintenance, and strengthens cooperative deposit security.
Telangana to introduce bill to protect gig workers, Cong says 'Shramik Nyay' part of central vision
Congress general secretary in-charge of communications Jairam Ramesh pointed out that Telangana is the third state to legislate on this matter, following Rajasthan and Karnataka.
Telangana govt to bring in new Act for welfare of Gig, platform workers
Telangana Chief Minister A Revanth Reddy has directed officials to gather public feedback on the draft Bill aimed at providing social security to Gig and platform workers. The goal is to finalize the bill, incorporating suggestions and objections, and enact it by May 1st, International Workers' Day, fulfilling a Congress party election promise.
Karnataka may levy differential fee on app-based services to fund gig workers welfare
Karnataka is planning a differential levy on app-based aggregators to fund gig workers' welfare, with rates from 1% to 5% of worker commissions. A rights-based law, set via Ordinance, will establish a welfare board and grievance system. The levy rollout may take six months post public consultation and rule finalisation.
Coming soon: Karnataka plans 5% fee on online platforms Amazon, Flipkart, Ola, Uber to fund gig worker welfare
At a meeting in Delhi on Thursday, Congress leader Rahul Gandhi asked state chief minister Siddaramaiah to go ahead with the law. The state government will now set up a gig workers’ welfare board to plan and implement schemes for their benefit.
Karnataka aims to ensure proposed gig workers bill is ‘win-win for all’
The Karnataka government is planning to extend social security benefits to platform-based gig workers in Bengaluru. Tech firms have raised concerns, leading to a wider consultation. The proposed bill may include a fee on online transactions to fund welfare expenditure. The initiative follows discussions with various platforms and aims to protect workers' rights.
Nasscom writes to Karnataka CM, raises ‘serious concerns’ over draft gig workers bill
Industry body Nasscom has raised "serious concerns" about the new Karnataka gig workers legislation. The Karnataka Platform Based Gig Workers (Social Security and Welfare) Bill, 2024, aims to ensure basic minimum social security for workers.
Karnataka’s proposed law for gig workers to impact business: IAMAI
IAMAI warns Karnataka Gig Workers Bill, 2024 impacts business ease. They urge 30-60 days consultation. Overlaps with central codes raise costs. Issues: health insurance, retirement funds, service costs, demand dips, termination notice, data sharing, dispute resolutions. Minister Santosh Lad included offline businesses, director liability in non-compliance scenarios.
India needs national legal, social security architecture for gig workers: Congress
Congress is advocating for a national legal and social security framework for gig workers in India, highlighting Karnataka's proposed Gig Workers (Social Security and Welfare) Bill, 2024 as a milestone legislation. The bill aims to establish formal rights and social security for platform-based gig workers, including setting up a welfare fund and board, ensuring worker protection and payment regulations. Congress urges the Union Budget to address the growing gig worker population and provide justice through legislation.
Karnataka releases draft gig workers Bill; seeks comments from platforms, other stakeholders
Karnataka introduced draft Bill for app-based platforms to provide social security benefits to gig workers and sought public feedback. The Bill proposes fee on transactions and penalties for non-compliance. It aims to protect workers' rights and ensure basic social security. It is inspired by Rajasthan law and includes grievance redressal mechanism and prevention of illegal termination. the Bill promises welfare board, fund for gig workers. Discussions have been held with major platforms and International Labour Organisation for input.
Karnataka: Stakeholders pitch in with suggestions on unorganised and gig workers’ welfare Bill
The Bangalore Chamber of Industry and Commerce (BCIC) met with additional labour commissioner Manjunath Gangadhara, to present its inputs for the upcoming Bill on gig and platform workers' welfare. The new Bill seeks to regulate workers' service conditions and create a fund by setting up a Gig and Platform Workers Welfare Board, said Gangadhara.
Karnataka: Unorganised and gig workers’ welfare bill likely in next assembly session
The Labour department plans to place the Bill before the Legislature at its next session, hoping to implement it from the next financial year, sources in the government told ET. The Bill would also encompass the entire sector instead of just focusing on gig and platform workers.
We always fulfil promises made to hardworking people: Rahul Gandhi after Rajasthan passes bill for gig workers
Rahul Gandhi, a Congress leader, has praised the Rajasthan government for passing a bill benefiting the welfare of gig workers. The bill aims to set up a Welfare Board, form a welfare fund for platform-based gig workers, and facilitate social security for them. This will become the foundation for crores of youths to rely on a reliable source of employment.
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