Narendra Modi government has by dropping ministers from the Union Cabinet admitted its "gigantic failure", Congress leader Manish Tewari
In 2013, the placement was over 0.7 percent. In the year prior to that, however, the number is slightly better at over 0.9 percent
There are about 48.85 lakh central government employees and 55.51 lakh pensioners in the country
The Maternity Benefit (Amendment) Act, 2016 has raised the maternity leave for a working woman from 12 weeks earlier to 26 weeks
The EPFO e-court Management System has also been launched which is in tune with the vision of Prime Minister Narendra Modi of digital India
The ratification of the 8.65 percent interest on EPF will enable the retirement fund body EPFO to credit this rate of return into the accounts of four crore subscribers.
According to the proposal, loyalty-cum-life benefit will be provided to all those members on retirement at 58 or 60 years who have contributed to the scheme for 20 years or more
The amendment in the scheme will also allow the Employees' Provident Fund Organisation (EPFO) subscribers to use their EPF accounts for paying equated monthly instalments (EMIs) of home loans.
"The proposal makes a lot sense because 10 paisa cess per ticket will not burn of a hole into travellers' pockets. Besides it would help railways to mop up funds to provide social security to coolies," said the source.
EPFO had increased the wage ceiling to Rs 15,000 per month from Rs 6,500 on 1 September, 2014 in view of price rise and pay revisions in the formal sector.
The Employees' State Insurance Corporation (ESIC) today raised the monthly wage threshold to Rs 21,000, from the current Rs 15,000, for coverage under its health insurance scheme.
It is applicable to all establishments employing 10 or more persons and the amendments will help around 1.8 million women workforce in the organised sector.
For the third time in two months, finance minister, Arun Jaitley, has been forced to go back on his words on the Employee Provident Fund Issue (EPF). The latest reversal came on Friday when the finance ministry increased the EPF rate to 8.8 per cent from 8.7 per cent decided earlier.
The government was forced to take a U-turn on the Employee Provident Fund (EPF) issue yet again on Friday when it increased the rate to 8.8 per cent from 8.7 per cent decided earlier. The Central Board of Trustees (CBT) had originally recommended 8.8 per cent.
The Finance Ministry has approved 8.7 per cent interest on PF deposits for over 5 crore subscribers of retirement body EPFO, lower than 8.8 per cent decided by the Central Board of Trustees (CBT).
The unions have been demanding complete rollback of the decision tightening the PF withdrawal norms
Earlier this month, retirement fund body EPFO had deferred till 30 April implementation of new norms
The number of child labour cases in the country has gone down from 1.26 crore in 2001 to 43.53 lakh in 2011, Lok Sabha was informed on Monday.
Essential services like banking and public transport may be impacted on Wednesday with ten central trade unions going ahead with their one-day nationwide strike, even as the government appealed to them for calling off the agitation, which BJP-backed BMS and NFITU decided to boycott.