- Prime Minister Narendra Modi launched a new scheme named Pandit Deendayal Upadhyay Shramev Jayate scheme that seeks to improve employability, skill development and other conveniences for labour.
- Inaugurating this new scheme that seeks to improve services for industries and labour, the Prime Minister said that it was a crucial scheme that should be given importance.
- Prime Minister extended the view that 'Shramev Jayate' has the same power that 'Satyamev Jayate' has for the development of our nation and the shram yogis who emerge from this scheme would become rashtra yogis.
- The scheme also seeks to provide portability to employees provident fund accounts through a Universal Account Number (UAN). The EPF accounts will be linked with bank accounts which will be further linked with UAN, Aadhaar and other KYC details to facilitate financial inclusion.
- As part of the new system, a unique Labour Identification Number (LIN) will be allotted to factories or industrial units to facilitate online registration. Instead of 16 separate returns, units need to file just one consolidated, self-certified and simplified online return.
- Under the programme. the labour ministry is setting up a 'Shram Suvidha', or labour facilitation, portal. The portal will be operated by four central organisations : Chief Labour Commissioner, Directorate General of Mines Safety, Employees' Provident Fund and Employees' State Insurance Corporation.
- The scheme also promises demand-based vocational training, an apprentice scheme and revamping the health insurance scheme Rashtriya Swasthya Bima Yojana (RSBY) for workers in the unorganised sector.