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PIB Summaries 18 December 2023

  1. Safeguarding Unorganised Labour and Migrant Workers’ Children
  2. Surat Diamond Bourse


The Ministry of Labour & Employment outlines measures and welfare facilities for unorganised labour and migrant workers’ children in a response to the Rajya Sabha.


GS II: Government policies and Interventions

Dimensions of the Article:

  1. Initiatives for Unorganised Labour
  2. Welfare Facilities for Children of Migrant Workers

Initiatives for Unorganised Labour:

Life and Disability Cover:
  • PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana):
    • Provides Rs. 2.00 Lakh in case of insured’s death due to any reason.
    • Annual premium: Rs. 436/-
  • PMSBY (Pradhan Mantri Suraksha Bima Yojana):
    • Offers Rs. 2.00 Lakh for accidental death or total permanent disability, and Rs. 1.00 Lakh for partial permanent disability due to an accident.
    • Annual premium: Rs. 20/-
Health and Maternity Benefits:
  • AB-PMJAY (Ayushman Bharat- Pradhan Mantri Jan Arogya Yojana):
    • Provides health insurance coverage up to Rs. 5.00 Lakhs per family.
    • Eligibility based on deprivation and occupation criteria.
Old Age Protection:
  • PM-SYM (Pradhan Mantri Shram Yogi Maan-dhan Yojana):
    • Launched in 2019 for old age protection in the unorganised sector.
    • Offers a monthly pension of Rs. 3000/- after reaching the age of 60 years.

Welfare Facilities for Children of Migrant Workers:

Inter-State Migrant Workmen Act, 1979:
  • Protects the interests of migrant workers.
  • Establishments employing Interstate Migrant Workers must register.
  • Contractors must obtain licenses.
  • Workers entitled to:
    • Minimum wages.
    • Journey allowance.
    • Displacement allowance.
    • Residential accommodation.
    • Medical facilities.
    • Protective clothing.
Right of Children to Free and Compulsory Education (RTE) Act, 2009:
  • Mandates the government to provide free and compulsory elementary education.
  • Applicable to every child aged 6 to 14 years.
  • Neighbourhood schools must offer education.
  • Applies to children of inter-state migrant workers as well.


The Prime Minister inaugurated the Surat Diamond Bourse today in Surat, Gujarat.


Facts for Prelims

Surat Diamond Bourse: A Mega Hub for Global Diamond Trade

  • Location: Situated in Khajod village, near Surat.
  • Global Corporate Hub: Recognized as the world’s largest corporate office hub.
  • Trading Hub: Functions as a global center for trading both rough and polished diamonds, along with jewelry.
  • Global Platform: Attracts diamond buyers globally, providing a platform for international trade.
Key Features:
  • Built on 35.54 acres of land with an investment of Rs 3,400 crore.
  • Holds the title of the world’s largest interconnected building with over 4,500 offices.
  • Features 15 floors and nine ground towers, offering office spaces ranging from 300 sq ft to 1 lakh sq ft.
  • Connected by a central spine, enhancing accessibility.
  • Houses a state-of-the-art ‘Customs Clearance House’ for Import-Export.
  • Includes a jewelry mall for retail business and facilities for International Banking and Safe Vaults.
  • Recognized as the country’s largest customs clearance house.
Capacity and Global Reach:
  • Can accommodate 4,200 traders from 175 countries, facilitating the purchase of polished diamonds.
Environmental Considerations:
  • Adheres to the principles of Panchtattva, aligning with the five elements of nature.
  • Incorporates a cutting-edge rooftop solar energy project for sustainability.
  • Utilizes a radiant cooling system for energy efficiency.
  • Awarded a platinum rating by the Indian Green Building Council (IGBC).

February 2024