Social Security Schemes in India: Empowering the Deprived?

By Prakhyati Upadhyay, GLC Mumbai.

India‚Äôs social security system draws its inspiration from Articles 41, 42, 43 and 47, as enshrined in the Directive Principles of State Policy of our Constitution, which contain all the ingredients obliging the State to move towards the realization of socio-economic rights and in effect, meet the income security aspirations of all its citizens. Broadly, social security can either be a non-contributory and State-funded social assistance mechanism aimed at directly benefiting the vulnerable sections like children, mothers, elderly, invalids and disabled, or a contributory social insurance mechanism, comprising contributions both from beneficiaries and employers/State. Nonetheless, both these mechanisms appear well dispersed amongst both sectors-the organized and the unorganized. (more…)