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NCEUS suggests Rs45,000-cr package for unorganized workers

NCEUS suggests Rs45,000-cr package for unorganized workers
PTI
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First Published: Thu, Aug 09 2007. 04 47 PM IST
Updated: Thu, Aug 09 2007. 04 47 PM IST
New Delhi: National Commission for Enterprises in the Unorganized Sector (NCEUS) has recommended a Rs45,000-crore action plan for the overall improvement of the sector.
The 13-point agenda includes formulation of a national security scheme, setting up of a national fund, establishment of growth poles, programme for skill development and an scheme to increase credit reach to small and marginal farmers, NCEUS chairman Arjun Sengupta told reporters.
“We firmly believe that this (the 13-point agenda) is within our fiscal and administrative capacity,” said Sengupta after releasing the third report on condition of workers in the unorganized sector.
The report was presented to Prime Minister Manmohan Singh on 8 August 2007.
According to the commission’s estimate, 86% (39.49 crore) of country’s workforce seeks livelihood from working in the unorganized sector.
The national security scheme, to be implemented in five years, for all unorganized workers is estimated to cost Rs19,400 crore for agricultural workers and Rs12,950 crore for non-agricultural workers, while the national fund for the unorganized workers can be set up on the lines of Nabard with a corpus of Rs5,000 crore.
NCEUS further suggested setting up growth poles in 25 states envisaging a total investment of Rs5,000 crore under the public-private partnership mode to create job opportunities for the workers.
The commission also underlined the need for improving skill development programmes with an additional investment of Rs500 crore. The package to increase credit reach of small and marginal farmers will involve an additional Rs2,000 crore.
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First Published: Thu, Aug 09 2007. 04 47 PM IST