Section 7
Funding of State Government Schemes.
The Unorganised Workers Social Security Act, 2008
About this Act
An Act to provide for the social security and welfare of unorganised workers and for other matters connected therewith or incidental thereto.
(1) Any scheme notified by the State Government may
be--
(i) wholly funded by the State Government; or
(ii) partly funded by the State Government, partly funded through contributions collected from the beneficiaries of the scheme or the employers as may be prescribed in the scheme by the State Government.
(2) The State Government may seek financial assistance from the Central Government for the schemes formulated by it.
(3) The Central Government may provide such financial assistance to the State Governments for the purpose of schemes for such period and on such terms and conditions as it may deem fit.
(i) wholly funded by the State Government; or
(ii) partly funded by the State Government, partly funded through contributions collected from the beneficiaries of the scheme or the employers as may be prescribed in the scheme by the State Government.
(2) The State Government may seek financial assistance from the Central Government for the schemes formulated by it.
(3) The Central Government may provide such financial assistance to the State Governments for the purpose of schemes for such period and on such terms and conditions as it may deem fit.