The Budget 2024 introduces significant measures to support gig workers, who form a substantial part of the modern workforce. Recognizing their contributions and the unique challenges they face, the government plans to launch a comprehensive welfare scheme tailored for gig workers. This scheme aims to provide medical insurance and retirement benefits, ensuring financial security and access to healthcare for this vulnerable segment.
Source:: BBC news
Medical insurance coverage will help gig workers manage health-related expenses, which can be a significant burden due to the lack of employer-sponsored health plans. The scheme is expected to offer affordable premiums and comprehensive coverage, making it accessible to gig workers across various sectors.
Source:- news 18
Additionally, the introduction of retirement benefits marks a progressive step toward long-term financial stability for gig workers. The scheme will likely include provisions for a pension plan, encouraging regular contributions and providing a safety net for workers in their later years.
These initiatives underscore the government’s commitment to inclusive growth, addressing the needs of an evolving workforce, and ensuring that gig workers are not left behind. By implementing these measures, the Budget 2024 aims to create a more equitable and secure environment for all workers, fostering economic resilience and social welfare.
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