Code on Social Security, 2020

Abstract

A comprehensive legal framework known as the Code on Social Security, 2020, was developed in India to offer social security benefits and protections to workers in the informal sector, including gig and platform workers. It discusses the difficulties these workers encounter, including unfair treatment, exploitation, and a lack of benefits. According to the code, employers who use online platforms to hire these individuals must pay into social security coffers a percentage of their wages. However, there are worries about possible abuse because platform work, gig work, and aggregators are not properly defined, and there are also insufficient enforcement mechanisms in place. The code requires improved enforcement, greater monitoring procedures for figuring out earnings, and more precise definitions in order to overcome these obstacles. It highlights how crucial it is to give unorganized workers access
to social security benefits and recommends more study to determine its effects. To summarize, the Code on Social Security, 2020, is a noteworthy policy change towards a more comprehensive social security system, with the goal of improving the welfare and safeguards of freelancers and platform workers in India.