Labour Ministry News

The Code on Social Security 2020 mandates Aadhaar-based registration on the portal of Central GovtProvision has also been made in the rules regarding gratuity to an employee who is on fixed term employment

The base year for CPI-IW will be revised from 2001 to 2016, which is likely to benefit millions of workers

Rules are executive work that add details to an Act and iron out issues that were not clear in the ActChandra said he has written to chief secretaries of all states and union territories few days back and have urged them to expedite the rule making process

Govt said labour codes are aimed at expanding labour welfare measures not only to existing beneficiaries but also to more workers in the unorganised sectorThe workers’ rights such as notice before retrenchment, compensation at the rate of 15 days wages per completed year of service has not been compromised, says govt

The subscriber growth is on account of lower exits and higher rejoining by exited members, says Labour Ministry

The Prime Minister has announced extension of the nationwide lockdown till May 3 with conditional relaxation from April 20 in some areas on the basis of evaluation of the situation.

The unions have apprised them of the way these workers are being laid-off despite government advisories Trade union leaders said these workers are not only losing their earnings, but also face eviction

This year EPFO has found it hard to recover some of its previous investments in troubled IL&FS and DHFLEPF interest rate is likely to be cut by 15-25 bps this fiscal

Of the total dues, ₹8,063.66 crore is the government’s contribution to employees pension schemeAs part of the EPS scheme, the Union government offers an additional 1.16% of the pension contribution of subscribers whose monthly salary is less than ₹15,000

Retirement fund body to convince ‘higher ups’ to retain rate despite FinMin’s concernsEPFO had raised interest rate on provident fund deposits to 8.65% for 2018-19