The Code on Social Security, 2020 (CSS) is a landmark legislation introduced by the Government of India to consolidate and amend existing laws relating to social security and welfare measures for workers and employees in the country. Enacted with the objective of providing comprehensive coverage and benefits to workers across various sectors, the CSS aims to ensure universal access to social security schemes, promote decent work standards, and enhance the welfare of employees and their families.
Businesses must proactively adapt to the regulatory changes introduced by the CSS and ensure compliance with the Employees' Provident Fund (EPF), Employee State Insurance (ESI), gratuity, and other social security provisions to foster a conducive work environment, protect employee interests, and contribute to inclusive growth and development. By prioritising social security measures and adopting best practices in compliance management, businesses can enhance employee well-being, strengthen workforce engagement, and drive sustainable business performance in the evolving regulatory landscape.