Labour Welfare Fund (LWF) is a statutory contribution managed by individual state authorities in India. It is aimed at providing medical care, housing facilities, educational and recreational facilities to laborers and their dependent family members. The LWF was introduced in 1953 by the Government of India and is currently implemented in 16 states of India. Under this act, both the employer and employee need to contribute a certain amount towards the welfare of the employee. The implementation and the schemes of the LWF may differ from state to state. The benefits of the LWF include financial assistance and support like medical assistance, disability benefits, pension schemes, and maternity benefits to workers during illness, disability, maternity, or retirement. The LWF also works to improve working conditions, the standard of living, and social security for the workers. The LWF is an initiative of the Ministry of Labour, Government of India, and has been implemented for the benefit of the unorganized sector. The contribution is made both by the employee and the employer. The LWF is applicable to the employees in the organization depending on their designation and wages. The LWF contribution is managed by state authorities, and the state labor welfare board determines the amount and frequency of the contribution.