Union Budget 2021: Major announcements for migrant workers and labourers

FM announces that “We have launched the One Nation, One Ration card to help migrant workers. I am happy to inform you that ON,OR plan is under implementation by 32 states and union territories reaching about 59 crore beneficiaries.”

FM proposed to launch a portal to maintain information on gig workers and construction workers which will help provide benefits to migrant workers.

Social security will be ensured for gig and platform workers through the four new labour codes.

Women workers will be allowed in night shift with adequate protection.

To further facilitate credit flows for Standup India scheme for SCs, STs and women.

FM proposed reduce the margin capital required for loans from 25% to 15%.

FM said that govt. has taken a number of steps to help the MSME sector in this Budget with an allocation of Rs 15,700 crore, more than double that of last year.

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