Nayab Singh Saini, the Union Minister of State for Labor, delivered a compelling message: India’s journey to becoming a developed nation by 2047 is intrinsically linked to the upliftment of its laborers. In his speech, Saini warned that neglecting this segment would leave the national resolve incomplete.
He detailed landmark achievements under the current administration, such as the expansion of EPFO coverage and portable health insurance for gig workers. These reforms, Saini noted, are bridging the gap between policy intent and on-ground reality.
Saini also addressed global benchmarks, comparing India’s labor landscape to developed economies. ‘We must match their standards in worker safety, wages, and skills,’ he urged, calling for accelerated reforms.
The event saw participation from union leaders and business tycoons, fostering dialogue on collaborative solutions. Saini proposed tripartite forums to resolve disputes swiftly and promote harmony.
Amid economic recovery post-pandemic, Saini’s emphasis on human capital investment aligns with expert recommendations. Reports indicate that a 1% increase in labor productivity could boost GDP significantly.
Concluding on an optimistic note, Saini rallied support for ‘Shramik Bharat,’ a vision where workers lead the charge towards prosperity. This narrative is gaining traction as India balances growth with equity.