Dr. Sengaupta further said that this Fund would be created on the pattern of NABARD and exclusively meant for meeting the financing and promotional assistance gaps in the development of the Non Farm Unorganised Sector.
Being a statutory body it would leverage funds from the market and national and international institutions to meet its objectives, he added.
The Commission had initially proposed a draft Bill
“Unorganised Sector Workers (Conditions of Work & Livelihood Promotion) Bill, 2005” for comments and feedback.
Based on the comments received from states, trade unions and others, the Commission revised the earlier proposal and has now proposed two Bills “Unorganised Non-agricultural Sector Workers (Conditions of Work and Livelihood Promotion) Bill, 2007” and the “Unorganised Agricultural Sector Workers (Conditions of Work and Livelihood Promotion) Bill, 2007” to cover unorganised agricultural workers and non-agricultural workers respectively.
Part 1 of each of the Bills contains provisions relating to the regulation of conditions of work of wageworkers. Part 2 relates to the protection and promotion of livelihoods of the unorganised workers.
The Draft Bills provide for basic and minimum conditions of work for all unorganised wage workers and home workers. Instead of relying on costly and time consuming legal redressal procedures, the Commission has accorded priority to conciliation and has proposed the participation of workers' representatives and elected representatives of the local bodies in the conciliation and dispute resolution committees.
The proposed Bills also mandate that the government takes the necessary steps to protect and promote these livelihoods through appropriate policies and programmes.
The Bills have also provided for an institutional machinery to take a holistic view of the sector and to mobilise the necessary resources to help the sector overcome constraints and facilitate its growth.
Dr. Sengupta said that the proposed Bills are now with the Standing Committee and has almost been finalised. The Bills are likely to be introduced in Parliament shortly.
Press Information Bureau Government of India
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