Government reports increase in
self-employment to 58% from 52% since 2017-18
¨ Self-employment in India
has increased from 52% in 2017-18 to 58%, according to the government.
¨ The information was
provided by Union Labour and Employment Minister Mansukh Mandaviya during
Question Hour in the Lok Sabha.
¨ Along with
self-employment growth, the income of workers has also increased, reflecting
broader economic growth in the country.
¨
The average daily wage
for casual labourers rose from ₹295 in 2017-18 to ₹418 presently.
¨
Under the new Labour
Code, a minimum wage has been fixed and all states are required to pay wages
above this threshold.
¨ Implementation of the Labour Code ensures that salaried employees receive appointment letters from employers.
¨ The provision of appointment letters is designed to guarantee social security benefits for workers.
