The term "Labour Welfare Fund Act" might be a colloquial or generalized reference to various labor welfare funds established by different states or industries in India. While there isn't a single "Labour Welfare Fund Act" at the national level, several states have enacted their own legislation to establish welfare funds aimed at providing benefits and welfare measures to workers.
Social Security.
Providing social security benefits to workers and their families, including medical assistance, maternity benefits, disability benefits, and funeral expenses.
Education and Training.
Supporting workers' education and skill development through scholarships, vocational training programs, and educational assistance for workers and their dependents.
Housing.
Facilitating affordable housing schemes for workers by providing financial assistance, loans, or subsidies for the construction, purchase, or improvement of housing units.
Healthcare.
Ensuring access to quality healthcare services by establishing dispensaries, hospitals, and medical facilities, as well as providing health insurance or medical reimbursement schemes for workers.
Welfare Measures.
Implementing various welfare measures such as providing drinking water facilities, sanitation, restrooms, creches for children, and recreational facilities for workers.
Financial Assistance.
Offering financial assistance, loans, or grants to workers during times of distress, emergencies, or natural calamities.
The "Labour Welfare Fund Act" is a legislative framework enacted by governments to establish welfare funds aimed at improving the welfare, social security, and well-being of workers in various industries.
Establishment of Welfare Fund.
The Act provides for the establishment of a welfare fund dedicated to the welfare of workers.
Objective.
The primary objective of the Labour Welfare Fund Act is to promote the welfare, social security, and well-being of workers and their families.
Sources of Funding.
The Act specifies the sources of funding for the welfare fund, including contributions from employers, employees, and government grants.
Administration.
The Act outlines the structure and functioning of the welfare fund, including the constitution of a welfare board or authority responsible for its administration.
Eligibility Criteria.
The Act defines the eligibility criteria for workers to avail themselves of benefits from the welfare fund.
- Registration and Identification.
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The Act mandates the registration of construction workers, enabling them to access various benefits and services.
- Welfare Measures.
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Construction workers registered under the BOCW Act are entitled to a range of welfare measures provided by the government or employers.
- Healthcare Services.
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The Act provides for healthcare services for registered construction workers and their families.
- Educational Assistance.
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The Act may provide for educational assistance to the children of registered construction workers.
- Financial Assistance.
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In case of accidents, disabilities, or death of a construction worker while on duty, the Act may provide for financial assistance to the worker or their family.
