Trade unions urge FM to prioritise jobs, 8th Pay Commission, MGNREGA boost | Current Affairs | Vision IAS
MENU
Home

Periodically curated articles and updates on national and international developments relevant for UPSC Civil Services Examination.

Quick Links

High-quality MCQs and Mains Answer Writing to sharpen skills and reinforce learning every day.

Watch explainer and thematic concept-building videos under initiatives like Deep Dive, Master Classes, etc., on important UPSC topics.

ESC

Daily News Summary

Get concise and efficient summaries of key articles from prominent newspapers. Our daily news digest ensures quick reading and easy understanding, helping you stay informed about important events and developments without spending hours going through full articles. Perfect for focused and timely updates.

News Summary

Sun Mon Tue Wed Thu Fri Sat

Trade unions urge FM to prioritise jobs, 8th Pay Commission, MGNREGA boost

07 Jan 2025
2 min

Demands from Central Trade Unions

Central trade unions have put forth several demands to the government to address issues related to employment, social security, and taxation.

Key Demands

  • 8th Pay Commission: Immediate constitution to review and adjust salaries of central government employees.
  • Job Creation: Fill existing vacancies in central government departments and PSUs to boost employment.
  • MGNREGA Enhancement: Increase allocations for MGNREGA to ensure 200 days of work per family.
  • Income Tax Rebate: Increase income tax exemption limit to Rs 10 lakh per annum.
  • Social Security for Gig Workers: Introduction of a social security scheme.
  • Old Pension Scheme: Restoration of the old pension scheme for government employees.
  • EPFO Minimum Pension: Raise to Rs 5,000 per month.

Labour Codes

There is division among trade unions regarding the new labour codes:

  • Support for Codes: Bharatiya Mazdoor Sangh (BMS), National Front of Indian Trade Unions (NFITU), and Trade Union Coordination Centre (TUCC) support the Code on Wages and Code on Social Security.
  • Opposition to Codes: Other central TUs demand scrapping all four labour codes, advocating the restoration of the repealed 29 labour statutes.
  • Recommendations: Notify Code on Wages 2019 and Code on Social Security 2020, while removing anti-worker provisions in other codes.

Economic and Taxation Proposals

  • Funding for Startups and Gig Economy: Increase budget allocation to support growth and skilling in these sectors.
  • Corporate and Wealth Tax: Propose higher taxes on corporations and wealthy individuals, introduce inheritance tax, and reduce GST on essential goods.
  • Privatisation: Demand to halt privatisation of PSUs.

Social Security and Worker Status

  • Unorganised Workers: Establish a government-sponsored social security fund.
  • Domestic Workers: Grant worker status and social security benefits, involving contributions from resident welfare associations.

Summary of Demands

  • Boost rural job scheme to provide 200 workdays per family.
  • Raise income tax exemption limit to Rs 10 lakh.
  • Create a universal fund for unorganised workers.
  • Increase EPFO minimum pension to Rs 5,000; set minimum wage at Rs 26,000.
  • Remove GST on essential items like food and medicines.

Explore Related Content

Discover more articles, videos, and terms related to this topic

RELATED VIDEOS

3
News Today (Apr 17, 2025)

News Today (Apr 17, 2025)

YouTube HD
News Today (Feb 10, 2024)

News Today (Feb 10, 2024)

YouTube HD
Circularity in Textile Structure

Circularity in Textile Structure

YouTube HD
Title is required. Maximum 500 characters.

Search Notes

Filter Notes

Loading your notes...
Searching your notes...
Loading more notes...
You've reached the end of your notes

No notes yet

Create your first note to get started.

No notes found

Try adjusting your search criteria or clear the search.

Saving...
Saved

Please select a subject.

Referenced Articles

linked

No references added yet

Subscribe for Premium Features