Understand Labour Welfare Fund in India—benefits, contribution rules, state-wise applicability, employer duties & online process made simple. 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 ... Labour Welfare Fund (LWF) is a statutory fund set up by each state government in India to promote the well-being and improve the standards of living of a worker. 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.