the funds created and utilized under the Beedi Workers Welfare Fund Act, 1976 during the last two year, year-wise?
the funds created and utilized under the Beedi Workers Welfare Fund Act, 1976 during the last two year, year-wise?
MINISTER OF STATE IN THE MINISTRY OF LABOUR & EMPLOYMENT (SHRI CHANDRA SEKHAR SAHU)
The Government has constituted the Beedi Workers Welfare Fund under Beedi
Workers Welfare Fund Act, 1976. The Act provides for levy of cess by way of
excise duty on manufactured beedis from Re.1/- to Rs.5/- per thousand manufactured
beedis. The rate of cess at present is Rs.5/- per thousand beedis w.e.f. 01.04.2006.
The Act provides that the fund may be utilized by the Central Government to meet
the expenditure incurred in connection with the welfare measures of such workers.
Various welfare schemes are under operation in the fields of health, education,
housing, social security, etc. The cess collection and expenditure incurred under the
Beedi Workers Welfare Fund Act, 1976 during the last three years is as under:-
(Rs. In Crores) 2003-04 2004-05 2005-06 Cess Collection 85.83 72.39 125.79 Expenditure 81.30 89.15 132.58