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{"id":3088,"date":"2021-02-02T14:12:53","date_gmt":"2021-02-02T08:42:53","guid":{"rendered":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/?p=3088"},"modified":"2021-02-02T14:12:53","modified_gmt":"2021-02-02T08:42:53","slug":"union-budget-2021-22","status":"publish","type":"post","link":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/?p=3088","title":{"rendered":"Union Budget 2021-22"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3088\" class=\"elementor elementor-3088\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6c5caea elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6c5caea\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f3a8db9\" data-id=\"f3a8db9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62f8280 elementor-widget elementor-widget-heading\" data-id=\"62f8280\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Important takeaways<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-348bab6 elementor-widget elementor-widget-text-editor\" data-id=\"348bab6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">Through the budget proposal for the financial year 2021-22, the Union government has taken several measures to protect the weaker and vulnerable sections of the society, especially during the COVID-19 pandemic. The Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman said, within 48 hours of declaring a three-week-long complete lockdown, the Prime Minister announced the Pradhan Mantri Garib Kalyan Yojana (PMGKY). Valued at \u20b9 2.76 trillion, the PMGKY provided free food grain to 800 million people, free cooking gas for 80 million families for months, and cash directly to over 400 million farmers, women, the elderly, the poor and the needy.<\/span><\/p><\/div><div><p><span lang=\"EN-US\">In pursuance of the measures taken for the weaker sections, the Finance Minister announced that to further facilitate credit flow under the scheme of Stand Up India for SCs, STs, and women, it is proposed to reduce the\u00a0margin money\u00a0requirement from 25% to 15% and to also include loans for activities allied to agriculture.<\/span><\/p><\/div><div><p><span lang=\"EN-US\">Nirmala Sitharaman has disclosed that a target of establishing 750 Eklavya Model Residential Schools in the tribal areas has been laid out. She has said that it is proposed to\u00a0increase the unit cost of each such school from \u20b9 20 crore to \u20b938 crores, and for hilly and difficult areas, to \u20b948 crores. This would help in creating robust infrastructure facilities for the tribal students.<\/span><\/p><\/div><div><p><span lang=\"EN-US\">She further said that the Post Matric Scholarship Scheme, for the welfare of Scheduled Castes, has been revamped and the Central Assistance in this regard has been enhanced. A total of \u20b935,219 crores for six years till 2025-2026 is being allocated, the Minister highlighted. This will benefit 40 million SC students, she said.<\/span><\/p><\/div><div><p><span lang=\"EN-US\">The Finance Minister also said that the outlay for the MSME sector is being increased to \u20b915,700 crores this year, which is more than double of current year\u2019s budget estimate (BE).<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-57896fd elementor-widget elementor-widget-slides\" data-id=\"57896fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"slides.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t \t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f138dcf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f138dcf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ebaedfe\" data-id=\"ebaedfe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b7e4f74 elementor-widget elementor-widget-heading\" data-id=\"b7e4f74\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Measures to increase Employability of Youth<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-879106d elementor-widget elementor-widget-text-editor\" data-id=\"879106d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">The government proposes to amend the Apprenticeship Act with a view to further enhancing apprenticeship opportunities for the youth. The Finance Minister said that the existing scheme of the National Apprenticeship Training Scheme (NATS) for providing post-education apprenticeship, training of graduates and diploma holders in engineering will be realigned with the provision of over \u20b93,000 crores.<\/span><span lang=\"EN-US\">\u00a0<\/span><\/p><\/div><div><p><span lang=\"EN-US\">Nirmala Sitharaman said that an initiative is underway, in partnership with the United Arab Emirates (UAE), to benchmark skill qualifications, assessment, and certification, accompanied by the deployment of a certified workforce. There is also a collaborative Training Inter Training Programme (TITP) between India and Japan to facilitate the transfer of Japanese industrial and vocational skills, techniques, and knowledge.\u00a0 Such initiatives will be taken forward with many more countries, the Finance Minister disclosed.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7024344 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7024344\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-30b58aa\" data-id=\"30b58aa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9d46aab elementor-widget elementor-widget-heading\" data-id=\"9d46aab\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Capital Equipment<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a727594 elementor-widget elementor-widget-text-editor\" data-id=\"a727594\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">The Finance Minister, Nirmala Sitharaman in her third Union budget speech, has said that there is immense potential in manufacturing heavy capital equipment domestically. She said that the rate structure would be comprehensively reviewed in due course. She proposed to withdraw exemptions on the tunnel boring machine. It will attract a customs duty of 7.5%; and its parts a duty of 2.5% while raising customs duty on certain auto parts to 15% to bring them on par with the general rate on auto parts.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4bd24c8 elementor-widget elementor-widget-heading\" data-id=\"4bd24c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">MSME Products<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b7f1b40 elementor-widget elementor-widget-text-editor\" data-id=\"b7f1b40\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">The Union budget for 2021-22 proposes certain changes to benefit MSMEs which include increasing duty on steel screws, plastic builder wares and prawn feed to 15%.\u00a0 It also provides for rationalizing exemption on import of duty-free items as an incentive to exporters of garments, leather and handicraft items.\u00a0 It also provides for withdrawing exemption on imports of certain kinds of leathers and raising custom duty on finished synthetic gemstones.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-abceb2e elementor-widget elementor-widget-heading\" data-id=\"abceb2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Agriculture Products <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62335b2 elementor-widget elementor-widget-text-editor\" data-id=\"62335b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">For farmer&#8217;s benefit, the Union Finance Minister announced raising custom duty on cotton to 10% and on raw silk and silk yarn to 15%. She also announced withdrawing end-used based concessions on denatured ethyl alcohol.\u00a0<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e25d679 elementor-widget elementor-widget-heading\" data-id=\"e25d679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Agriculture Infrastructure and Development Cess<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55fb5d9 elementor-widget elementor-widget-text-editor\" data-id=\"55fb5d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">The Finance Minister proposed an Agriculture Infrastructure and Development Cess (AIDC) on a small number of items. She said, \u201cWhile applying the cess, we have taken care not to put additional burden on consumers on most items\u201d. On the customs side, the items covered under AIDC are gold, silver, alcohol beverages, crude palm oil, crude soya bean and sunflower oil, apples, coal, lignite and peat specified fertilizers, peas, <i>Kabuli chana, Bengal gram<\/i>, lentil and cotton overall there would be no additional burden on the consumer on most of these items.<\/span><\/p><\/div><div><p><span lang=\"EN-US\">On the excise side, an AIDC of \u20b92.5 per liter has been imposed on petrol and \u20b94 per liter on diesel. However, Basic Excise Duty (BED) and Special Additional Excise Duty (SAED) rates on petrol and diesel have been reduced in the budget so that overall consumer does not bear any additional burden. Unbranded petrol and diesel will attract BED of \u20b91.4 and \u20b91.8 per liter respectively while SAED on them will be \u20b911 and \u20b98 per liter respectively.<\/span><\/p><p>Regarding rationalization of procedures and easing of compliance, the Finance Minister proposed certain changes in the provisions relating to ADD and CVD levies.\u00a0 She also said that to complete customs investigation, definite timelines are being prescribed.\u00a0 The Minister said that the Turant Custom Initiative rolled out in 2020 has helped in putting a check on misuse of FTAs.<\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e26c9aa elementor-widget elementor-widget-heading\" data-id=\"e26c9aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Decriminalization of the limited liability partnership (LLP) Act, 2008<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77d7734 elementor-widget elementor-widget-text-editor\" data-id=\"77d7734\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">The Finance Minister proposed to take up decriminalization of the Limited Liability Partnership (LLP) Act, 2008 on similar lines of the decriminalizing of the procedural and technical compoundable offenses under the Companies Act, 2013, which is now complete.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28b5b26 elementor-widget elementor-widget-heading\" data-id=\"28b5b26\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Revision in 'Small Companies' definition<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfcf53b elementor-widget elementor-widget-text-editor\" data-id=\"bfcf53b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">The Finance Minister proposed to revise the definition under the Companies Act, 2013 for Small Companies by increasing their thresholds for Paid-up capital from \u201cnot exceeding \u20b950 lakh\u201d to \u201cnot exceeding \u20b92 crores\u201d and turnover from \u201cnot exceeding \u20b92 crores\u201d to \u201cnot exceeding \u20b920 crores\u201d. This will benefit more than two lakh companies in easing their compliance requirements.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb2c1b6 elementor-widget elementor-widget-heading\" data-id=\"cb2c1b6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Proposed easing of rules in 'One Person Companies' for Start-Ups, Innovators<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2562660 elementor-widget elementor-widget-text-editor\" data-id=\"2562660\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">For the benefits of start-ups and innovators, the Finance Minister proposed to incentivize the incorporation of One Person Companies (OPCs) by allowing OPCs to grow without any restrictions on paid-up capital and turnover. The budget proposes to allow their conversion into any other type of company at any time, reducing the residency limit for an Indian citizen to set up an OPC from 182 days to 120 days and also allow non-resident Indians (NRIs) to incorporate OPCs in India.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88e1b17 elementor-widget elementor-widget-heading\" data-id=\"88e1b17\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Strengthening of NCLT framework for faster debt resolution<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f110194 elementor-widget elementor-widget-text-editor\" data-id=\"f110194\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">To ensure faster resolution of cases, the Finance Minister stated that the NCLT framework will be strengthened, the e-Courts system shall be implemented and alternate methods of debt resolution and special framework for MSMEs shall be introduced.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9b143c4 elementor-widget elementor-widget-heading\" data-id=\"9b143c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Launch of new MCA21 Version 3.0<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3027f1 elementor-widget elementor-widget-text-editor\" data-id=\"a3027f1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">During the coming fiscal 2021-22, the Finance Minister said the government would launch data analytics, artificial intelligence, machine learning-driven MCA21 Version 3.0. This Version of MCA 3.0 will have additional modules for e-scrutiny, e-Adjudication, e-Consultation and Compliance Management.<\/span><\/p><div><p><span lang=\"EN-US\">Inclusive development for Aspirational India<\/span><span lang=\"EN-US\">\u00a0is one of the pillars on which the Union Budget 2021-22 stands and provide the guiding light for the government to put forth proposals for unorganized workforce especially the migrant workers and labourers.<\/span><span lang=\"EN-US\">\u00a0<\/span><\/p><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1592e0e elementor-widget elementor-widget-heading\" data-id=\"1592e0e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">One Nation One Ration Card<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-219071c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"219071c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-59afcf5\" data-id=\"59afcf5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cc87dfa elementor-widget elementor-widget-text-editor\" data-id=\"cc87dfa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">\u201cOne Nation One Ration Card plan is under implementation by 32 states and UTs, reaching about\u00a069 crore beneficiaries\u00a0\u2013 that\u2019s a total of 86% beneficiaries covered\u201d, the Finance Minister informed to the house while assuring the integration of remaining 4 states and UTs in coming few months. This scheme allows beneficiaries to claim their rations from\u00a0anywhere\u00a0in the country,\u00a0especially the\u00a0migrant workers,\u00a0\u00a0with a partial claim from where they are stationed, while their family, in their native places, can claim the rest.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f0f5abe\" data-id=\"f0f5abe\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aba7430 elementor-widget elementor-widget-image\" data-id=\"aba7430\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/wp-content\/uploads\/2021\/02\/one-nation-one-ration-card.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb8b312 elementor-widget elementor-widget-heading\" data-id=\"cb8b312\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Portal for unorganized labour force<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-95ff105 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"95ff105\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-669f31a\" data-id=\"669f31a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cfd72a7 elementor-widget elementor-widget-image\" data-id=\"cfd72a7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/wp-content\/uploads\/2021\/02\/labour_welfare.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-358fbdf\" data-id=\"358fbdf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d37022c elementor-widget elementor-widget-text-editor\" data-id=\"d37022c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: left;\">To further extend the governments\u2019 efforts towards the unorganized labour force with a special focus on migrant workers, Nirmala Sitharaman proposed to launch a&nbsp;portal&nbsp;that will&nbsp;collect relevant information&nbsp;on&nbsp;gig,&nbsp;building&nbsp;and&nbsp;construction workers among others. This will also help formulate Health, Housing, Skill, Insurance, Credit, and food schemes for migrant workers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-9d8dad7 elementor-widget elementor-widget-heading\" data-id=\"9d8dad7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Implementation of Labour Codes<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5362375 elementor-widget elementor-widget-text-editor\" data-id=\"5362375\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div><p><span lang=\"EN-US\">The Finance Minister said that government would conclude\u00a0the\u00a0implementation of\u00a0the four labour\u00a0codes\u00a0for extending social security benefits to gig and platform workers with the application of minimum wages across all categories of workers. Coverage under the\u00a0Employees State Insurance Corporation\u00a0will also be extended to them.\u00a0Women\u00a0will be allowed to work in all categories and also in the\u00a0night-shifts\u00a0with adequate protection.<\/span><\/p><\/div><div><p><span lang=\"EN-US\">The provision of\u00a0single registration and licensing, and\u00a0online returns\u00a0will also reduce the compliance burden on employers.<\/span><\/p><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Important takeaways Through the budget proposal for the financial year 2021-22, the Union government has taken several measures to protect&#8230;<\/p>\n","protected":false},"author":4,"featured_media":3091,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[25],"tags":[],"class_list":["post-3088","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exclusive"],"_links":{"self":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/posts\/3088","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3088"}],"version-history":[{"count":0,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=\/wp\/v2\/posts\/3088\/revisions"}],"wp:attachment":[{"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dazzling-chebyshev.103-73-189-254.plesk.page\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}