financetom
Economy
financetom
/
Economy
/
ILO's G20 Sherpa, Richard Samans, advocates for social security coverage for gig workers
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
ILO's G20 Sherpa, Richard Samans, advocates for social security coverage for gig workers
Sep 10, 2023 7:30 AM

Richard Samans, the G20 Sherpa for the International Labour Organization (ILO), in an interview with CNBC-TV18, emphasised that the G20's New Delhi declaration outlines key policy priorities aimed at extending social protection to workers in the gig and platform economy.

Share Market Live

NSE

He stressed that even though gig workers may not have formal employee status, it is essential to provide them with some form of social security coverage.

“The declaration was significant and helpful to working people on a number of fronts. I would say that there are some significant outcomes in relation to the agreement on a set of policy priorities for extending social protection to gig and platform economy workers, who in many countries are not covered well by social security systems.

So there is a policy roadmap – a series of actions that countries can pick and choose from but with an agreed, aligned purpose to make sure that those workers even if they are not formal salaried employees, nonetheless are covered by basic social security protections or more is a good step forward,” Samans said.

India achieved a significant diplomatic victory during the G20 summit as the participating countries reached a consensus declaration, effectively addressing major disagreements related to the Russia-Ukraine conflict.

Samans also pointed out that the Indian government placed a strong emphasis on skill development. Moreover, they tasked both the ILO and the Organisation for Economic Co-operation and Development (OECD) with the responsibility of creating a comprehensive jobs and skills database covering all G20 member countries.

“The Indian government right from the very beginning placed a lot of emphasis on skills. Not only investing in skills and improving skills, declaration also provides a policy roadmap for how countries can do that.

India also tasked the ILO and the OECD to fill out a global skills and jobs database to all the G20 countries, so that there is some latest and comparable information to enable countries to modernise and sharpen their skilling strategies," Samans said.

The G20 Summit for the year 2023, hosted by India, took place in New Delhi from September 9th to 10th. This event marked the conclusion of India's presidency, with Prime Minister Narendra Modi handing over the leadership to Brazilian President Luiz Inácio Lula da Silva during the closing session. Modi presented the gavel to Brazil and extended his best wishes as they prepared to assume the presidency officially on December 1st of this year.

Watch accompanying video for more.

First Published:Sept 10, 2023 4:30 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Commerce Secretary Lutnick: US GDP Statistics To Be Published On Blockchain
Commerce Secretary Lutnick: US GDP Statistics To Be Published On Blockchain
Aug 27, 2025
U.S. Commerce Secretary Howard Lutnick on Tuesday said the Department of Commerce will begin publishing its statistics on the blockchain, including gross domestic product (GDP). What Happened: Speaking at the White House cabinet meeting with President Donald Trump and other officials, the Commerce Secretary tied the decision directly to the administration's embrace of digital assets. Department of Commerce is going...
Factbox-From Wall Street to academia, who is in Trump's line of fire?
Factbox-From Wall Street to academia, who is in Trump's line of fire?
Aug 27, 2025
(Reuters) -U.S. President Donald Trump has escalated his criticism and actions against executives, corporations and institutions. His unprecedented actions - from novel export deals to frozen university grants - have upended the status quo between the government, law, academia and corporate America. Earlier this month, Trump questioned if Goldman Sachs ( GS ) CEO David Solomon should remain at the...
US Dollar Rises Early Wednesday Before Lighter Data Schedule
US Dollar Rises Early Wednesday Before Lighter Data Schedule
Aug 27, 2025
07:26 AM EDT, 08/27/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Wednesday before a lighter data schedule after Tuesday's full slate. Weekly crude oil stocks inventory data are due at 10:30 am ET, followed by an appearance by Richmond Fed President Tom Barkin at 11:45 am ET. Earlier Wednesday, the Mortgage Bankers Association said...
Fed's Williams says needs to see how data play out to consider September cut - CNBC
Fed's Williams says needs to see how data play out to consider September cut - CNBC
Aug 27, 2025
WASHINGTON (Reuters) -New York Federal Reserve Bank President John Williams said on Wednesday it is likely interest rates can fall at some point but policymakers will need to see what upcoming data indicate about the economy to decide if it's appropriate to make a cut at the September 16-17 meeting. Every meeting is, from my perspective, live for a change...
Copyright 2023-2026 - www.financetom.com All Rights Reserved