LWF stands for Labour Welfare Fund, a government scheme to improve the living conditions of the unorganized sector workers. Learn about the meaning, contributions, benefits, compliance and registration of LWF in different states. A guide on Labour Welfare Fund (LWF) with complete details for employers and workers in India to understand LWF Act, rules and benefits. LWF stands for Labour Welfare Fund. It is a statutory endowment managed by individual state authorities to upgrade the working conditions of labourers. Introduced in 1948 under the Industrial Disputes Act of 1947, LWF contributions are made by employees and employers. What is the Labour Welfare Fund (LWF)? The Labour Welfare Fund (LWF) is a statutory fund established under the Industrial Disputes Act of 1947 to improve the working and living conditions of laborers. Managed by individual state authorities, contributions are made by both employees and employers. The fund is utilized for various welfare programs, including education, healthcare, housing, and recreation for workers. Key Benefits Educational Support: Provides scholarships and facilities for ...
