Social Security Fund administration governs funding, account maintenance, government directions, and audit for worker welfare schemes. Establishment of a Social Security Fund requires that specified receipts be credited to separate accounts and used to meet expenses for schemes notified for un-organised workers, gig workers and platform workers. The Central Government may identify initial funding and replenishment sources, and the Fund is administered through a designated agency that must follow Government directions, maintain accounts in the prescribed form, and submit them periodically.
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Provisions expressly mentioned in the judgment/order text.
Social Security Fund administration governs funding, account maintenance, government directions, and audit for worker welfare schemes.
Establishment of a Social Security Fund requires that specified receipts be credited to separate accounts and used to meet expenses for schemes notified for un-organised workers, gig workers and platform workers. The Central Government may identify initial funding and replenishment sources, and the Fund is administered through a designated agency that must follow Government directions, maintain accounts in the prescribed form, and submit them periodically.
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