A New Era: Revamping Coal Workers' Social Security
The coal ministry is introducing a new bill to ensure enhanced social security and pensionary benefits for coal workers, replacing the outdated Coal Mines Provident Fund Act, 1948. The proposed law aims to address contemporary challenges such as industrial disputes, working conditions, and digitalization, with stakeholder inputs invited.
- Country:
- India
The coal ministry is on track to unveil groundbreaking legislation aimed at bolstering social security and pension benefits for coal workers. This comes as a replacement to the Coal Mines Provident Fund and Miscellaneous Provisions Act of 1948.
Upon its approval by Parliament, the new bill will reflect advancements in how industrial disputes are managed, working conditions, social security measures, wage regulation, and the integration of digital solutions. Stakeholder feedback is being solicited for the draft Bill, titled the Coal Mines Employees' Provident Fund and Miscellaneous Provisions Bill, 2025.
Key proposals include replacing the current Board of Trustees with a more accountable Coal Mines Employees' Provident Fund Board. The initiative is part of a broader effort by the Centre to reassess outdated laws and consolidate similar legislative acts into a unified framework, ensuring effectiveness for the evolving coal sector.
(With inputs from agencies.)
Google News