Union Minister for Labour and Employment Bhupender Yadav, addressing the Labour 20 (L20), — the meeting of trade unions of G20 countries — on June 23 said the two statements adopted by the unions on universalisation of social security and the portability of social security funds and on empowering women in the future of work and upskilling the women workforce in tech-intensive environments were a testament to the spirit of social dialogue.
Mr. Yadav said the deliberations at the two-day meeting proved to be enlightening with diverse perspectives and viewpoints from various stakeholders. He said a changing work environment characterised by technological advancements, globalisation, and evolving labour markets had significant implications for employment and the provision of adequate social security.
“There is therefore a need for comprehensive and forward-looking social security policies that take into account the evolving nature of work. Governments, employers, trade unions, and international organisations must collaborate to ensure that social security systems are inclusive, adaptable, and accessible to all,” the Minister said, adding that this process might involve expanding the coverage of social security to encompass informal and gig and platform workers, implementing portable benefits that follow individuals across jobs, and leveraging technology to enhance the efficiency and effectiveness of social security administration.