Which statement is true about Social Security of Workers in the Unorganized Sector ........

Social Security Social Security- The concept

Which statement is true about Social Security of Workers in the Unorganized Sector?

In India out of total workforce of 50 crore, 90% is in the unorganized sector and remaining 10% is in the organized.

The workers in the organized sector are covered under social security legislations like Employees' Provident Funds & Miscellaneous Provisions Act, 1948 and Employees' State Insurance Act, 1952.

The majority of workforce in the organized sector was devoid of any formal social security legislation.

To address the social security needs of such workers, the Government enacted 'Unorganised Workers' Social Security Act, 2008.

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Explanation:

Addressing the Social Security of Workers in the Unorganized Sector-
In India out of total workforce of 45.9 crore, 94% is in the unorganized sector and remaining 6% is in the organized sector. The workers in the organized sector are covered under social security legislations like Employees' Provident Funds & Miscellaneous Provisions Act, 1952 and Employees' State Insurance Act, 1948.
However, the majority of workforce in the unorganized sector was devoid of any formal social security legislation. To address the social security needs of such workers, the Government enacted 'Unorganised Workers' Social Security Act, 2008.