PREVIOUS
✖
Unused Cess Funds for Construction Workers in India
January 29 , 2025
7 hrs 0 min
79
0
- The welfare boards for building and other construction workers of various States have not yet used the cess worth ₹70,744.16 crore.
- The cess is collected from the employers for the welfare of the workers.
- Since the implementation of the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act in 2005, the boards have collected ₹1,17,507.22 crore.
- The Act, passed in 1996, empowers the Construction Workers’ Welfare Board constituted by State governments to levy cess from employers “at such rate not exceeding 2%, but not less than 1%” of the cost of construction incurred by an employer.
- As many as 5,73,48,723 workers have registered with 36 State Welfare Boards till September 30, 2024.
- Maharashtra spent ₹13,683.18 from the cess it collected in the last 19 years.
- It is followed by both Karnataka and Uttar Pradesh that provided ₹7,921.42 and ₹7,826.66 crore to the workers.
- Maharashtra has ₹9,731.83 crore as balance available in their accounts.
- Both Karnataka and Uttar Pradesh have balance of ₹7,547.23 and ₹6,506.04 respectively with them.
Leave a Reply
Your Comment is awaiting moderation.