Budget: Labor organizations demanded the government to implement OPS

News8Plus
3 min readJul 11, 2024

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Finances: Finance Minister Nirmala Sitharaman will current the total price range within the final week of July 2024. Earlier than this, she is taking recommendations from the business, labor organizations and so forth. within the pre-budget assembly. Within the assembly with Finance Minister Nirmala Sitharaman, labor organizations have demanded the formation of Previous Pension Scheme (OPS), eighth Pay Fee and enhance in tax exemption within the full price range. Other than this, labor organizations have additionally demanded to cease the privatization of presidency corporations and cease the New Pension Scheme (NPS).

Finances: Demand for institution of Social Safety Fund

Within the memorandum given by the labour organisations within the assembly held with Finance Minister Nirmala Sitharaman on Monday, it has been mentioned that a social safety fund must be arrange by the federal government for the employees of the unorganised and agricultural sector, in order that they’ll get a minimal pension of Rs 9,000 monthly and different medical, academic advantages and so forth. They’ve demanded that each one the prevailing vacancies within the central authorities departments and authorities corporations must be stuffed. Other than this, the observe of contract and outsourcing must be stopped.

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Finances: GST must be faraway from meals objects and medicines

The employees’ organizations additional mentioned that as a substitute of burdening most of the people via GST on important meals objects and medicines, company tax, enhance in property tax and inheritance tax must be carried out. Representatives of 12 staff’ organizations together with INTUC, AITUC, CITU, AIUTUC, TUCC and UTUC participated within the assembly. Bharatiya Mazdoor Sangh (BMS) individually submitted a memorandum with its demand. They demanded to extend the scope of MNREGA and assure 200 days of labor to each household. It has additionally been mentioned to hyperlink the work of agriculture and allied sectors with MNREGA (Mahatma Gandhi Nationwide Rural Employment Assure Act). The employees’ group has additionally demanded to extend the standards of Ayushman Bharat Yojana from Rs 1.20 lakh to Rs three lakh.
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