Volume : 2, Issue : 3, March - 2013

Social Security in India

A. Suresh Kumar, Dr. K. Selvi

Abstract :

Social security is vital for the well – being of people and society, it is one of the key components of labour welfare. Labour welfare refers to all such services, amenities and facilities to the employees which improve their working conditions as well as standard of living. It envisages that the employees shall be protected against all types of social risks that may cause undue hardships to them in fulfilling their basic needs. Starting from the minimal level of providing protection against health and life hazards in work situations, it can progressively be extended to social security welfare measures involving provision of better health care, maternity care, old age provisions, etc. The Indian manufacturing industry is an emerging sector and has all the qualities to further enhance the economic development of the country. In fact, this sector is fueling growth, employment and enhancing the other industries such as agriculture and service. In the last few years, the industry has excelled so much that it is good enough to compete in global markets.