Social security reforms have attracted increasing attention over the past decade in the face of globalization and industrial restructuring. This volume analyses social security policies for India focusing on the unorganized sector, which accounts for 90 per cent of India’s labour force. Analysing critical issues highlighted in recent social debates, the contributors asses: labour market trends resulting from liberalization in India, and the implications for social security and social safety nets. conceptual issues, including global ones, concerning the reform of existing pension systems, the importance of old age security in the unorganized sector. The authors contend that the existing social security policies for the formal sector cannot simply be extended to the informal one. They highlight the need for an alternative for this vulnerable segment of the workforce. The essays draw upon relevant experiences of developed as well as developing countries in this area to support the argument. The volume stresses the need for a unique social security system designed specifically for India. Cautioning against mere import of existing systems from other countries and juxtapositioning these in the Indian framework, the contributors suggest several alternatives for policy-makers. This important work will be invaluable for study and research in the areas of labour laws and social security issues. Economists, policy-makers, human resource managers and lawyers will find this collection useful.
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