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» Labour Law Services » Introduction

Labour Welfare Fund Act (of respective States)


The [State] Labour Welfare Fund Act provides for the constitution of the Labour Welfare Fund to promote and carry out various activities conducive to the welfare of labour in the State so as to ensure full and appropriate utilisation of the Fund.

List of Welfare Schemes presently running by Punjab Labour Welfare Board for welfare of the industrial workers & their family members

 

(1)    Loan Schemes:-

Name of the Scheme

Amount of Loan

Recovery of Loan

Computer

30,000/-

30 Monthly Installments

Television

5,000/-

20 Monthly Installments

Bicycle

2,500/-

12 Monthly Installments

Sewing Machine

1,200/-

12 Monthly Installments

Fan

1,000/-

12 Monthly Installments

Wheat Advance Loan

2,500/-

12 monthly Installments

Motorcycle/Electronic Scooty

50,000/-

30 Monthly Installments

Fridge Loan

12,000/-

12 Monthly Installment

 

(2)    Loan Schemes to the Industrial workers on the occasions of marriage of their daughters.

Loan Amount 

Recovery of loan 

30000/

30 monthly Installments 

 

(3)    Shagun/Financial assistance to the industrial workers on the occasion of marriage of their daughters.

Name of the Scheme 

Amount(Rs.) 

Shagun Scheme 

31000/

 

(4)    Grant of stipends for studies to the children of Industrial Workers.

Sr. No

Class

Girls

Boys

1

Class 6th to 8th

7000/-

5000/-

2

Class  9th to 10th

13000/-

10000/-

3

Class 10+1 to 10+2

25000/-

20000/-

4

Student of College

B.A/B.S.E/M.A/S.S.C./B.C.A/M.C.A 

I.T.I/Pole technical Degree &  other

Higher Qualification

30000/-

If Student lives in hostel then amt. would be 45000/-

25000

If Student lives in hostel then amt. would be 40000/-

4

Medical/ Engineering Degree

Courses (For regular Courses of B.E /M.B.B.S)

50000/- If Student lives in hostel then amt. would be Rs.70000/-

40000/- If Student lives in hostel then amt. would be. Rs.60000/-

 

(5)    Leave travel concession to the Industrial Worker for Religious Pilgrimage

Scheme

Amount(Rs.) 

L.T.C

2000/-       (Once in three Years) 

 

 

 

(6)    Grant of subsidy to Industrial workers for the purchase of Spectacles, Dentures & Hearing- Aids.

Subsidy Schemes

Relief

Spectacles Subsidy

Rs. 800/-.

Dentures Subsidy

Rs. 5000/- 

Hearing Aid Subsidy

Rs. 6000/-.

 

(7)    Ex-Gratia grant to the widows & their dependents in case of Death, of an Industrial worker & grant to worker on partial or full disability in accident.

Sr. No.

Reason

Amount (Rs.)

1

Ex-gratia grant to the widow of the Industrial worker for any reason of death.

1,50,000/- ( Lump-sum)

2

In case of accidental death or 100% disablement.

2,00,000/-( Lump-sum)

3

In  accidental case grant given to the worker on partial disability 

Amount would be given according to the Percentage of the Disability maximum amount Rs.2,00,000/-

 

(8)    Assistance to the Industrial worker & their dependents for General Surgery & treatment of Dangerous diseases.

Sr. No

Dangerous Diseases

Amount

1

Amount given to the worker or his dependents for Operation/Treatment of Cancer, Heart surgery & Kidney Transplant.

1,00,000/-or Actual amount paid whichever is less.

2

Amount given for General Surgery Scheme.

20,000/-or Actual amount paid whichever is less.

 

(8) Assistance to the Industrial worker & their dependents for Funeral cremation 

Sr. No

Reason

Amount

1

Amount given to the worker or his dependents for last funeral cremation

20,000/-