Define social security. Briefly discuss the important social security legislations in India.
Social security refers to a system that provides financial and other forms of assistance to individuals and families in need. It is typically funded through government-mandated contributions by workers and employers, and it can take the form of benefits such as retirement pensions, disability insurance, unemployment compensation, and healthcare coverage. The objective of social security is to protect citizens against financial hardships caused by circumstances such as old age, disability, or loss of income due to unemployment or other reasons.
In India, social security measures have been introduced by the government to provide a social safety net for citizens. There are several important social security legislations in India that aim to provide social welfare and protection to vulnerable sections _____ ________ __________ ________ _______ _________ ________.
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