Cabinet Passes Resolution for MOL to Extend Objective of Homeworkers Fund to Cover All Occupations

Labour Minister Mr. Suchart Chomklin reported that on April 20, the Cabinet passed a resolution proposed by the Ministry of Finance regarding the establishment of the Informal Workers’ Quality of Life Promotion and Development Fund. The Ministry of Labour will accept the opinion of the Working Capital Policy Committee on the issue of duplicating existing funds. It may expand the objectives of the Home Worker Fund to cover informal workers of all occupations.

Labour Minister Mr. Suchart Chomklin reported that on April 20, the Cabinet passed a resolution proposed by the Ministry of Finance regarding the establishment of the Informal Workers’ Quality of Life Promotion and Development Fund. In this regard, the Ministry of Labour shall accept the opinion of the Working Capital Policy Committee, which proposed that the Ministry of Labour integrate into the promotion and development of the informal workers’ quality of life under the organization, working capital, and the supervision of the Ministry of Labour, or expand the objectives of the Department of Employment’s Homeworkers Fund to cover informal workers of all occupations. The Labour Minister said that Prime Minister General Prayuth Chan-ocha is concerned for the 22 million informal workers. He assigned the Ministry of Labour, which is supervised by Deputy Prime Minister General Prawit Wongsuwan, and has prioritized promoting and developing the potential of informal workers to have a good quality of life. Most recently, the Cabinet resolution on April 20, approved the Ministry of Finance’s proposal. At this time, the Ministry of Labour is in the process of revising the drat Informal Workers’ Quality of Life Promotion and Development Act B.E…. to ensure the Homeworkers Funds include the Informal Workers’ Quality of Life Promotion and Development Fund. In addition, the scope of objectives has been expanded to cover informal workers of all occupations. However, when the draft amendment is completed, it will propose establishing a fund to the Ministry of Finance and the Working Capital Policy Committee for further consideration.

“Expanding the fund’s objectives will help informal workers who have barriers to access private capital. There is a loan for occupation, whereby participating members pay membership fees to promote and improve the quality of life of the informal workers themselves. There is also a budget to promote and develop the quality of life of informal workers in their occupations, skill development, protection of suitable working conditions, and building solid social security,” concluded Mr. Suchart.

 

Source: Ministry of Labour

Post Author: web Desk