Santosh Gangwar News

News

Industrial workers set for a pay hike

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

1 min read16 Oct 2020
News

Farm budget increased 11-folds to ₹1.34 lakh cr from FY10 : Santosh Gangwar

The increase in the agriculture ministry budget indicates a considerable rise in government spending on procurement of foodgrain and other farm produce at crop support price

1 min read3 Oct 2020
Politics

Govt looks to implement all 4 labour codes in one go by December: Santosh Gangwar

The draft rules of the three codes on industrial relations, social security and occupational safety, health and working conditions are likely to be circulated by the first week of November for feedbackThe Wage Code Bill, 2019 was passed by Parliament last year

2 min read27 Sep 2020
News

Labour code bill introduced in Lok Sabha, likely to cheer industry

Bill seeks to improve the business climate by reducing compliance burden for companiesThe bill, when passed, will be called Industrial Relations Code, 2019, and shall extend to entire India

2 min read28 Nov 2019
Politics

Govt planning ‘One Nation, One Pay Day' system: Labour Minister Santosh Gangwar

The plan is in line to safeguard the interest of workers in formal sector, particularly working class, Labour Minister Santosh Gangwar saidPrime Minister Narendra Modi is keen on this legislation to get passed soon, Gangwar said

2 min read16 Nov 2019
News

Uncertainty ends as govt notifies 8.65% interest rate for EPF subscribers

The 8.65% rate is a 10-basis-point increase from the 8.55% paid in 2017-18, but the same as the rate paid in 2016-17The notification will lead to the crediting of ₹54,000 crore into provident fund accounts

1 min read24 Sep 2019
Money

Govt notifies 8.65% rate of interest for over 60 mn EPFO subscribers: Report

The Central Board of Trustees had approved 8.65% interest rate for FY19 on 21 February this year EPFO manages ₹11 trillion retirement corpus

2 min read19 Sep 2019
Politics

Labour minister Gangwar says ‘no shortage of jobs’, sparks political criticism

'Recruiters who visit north India complain of facing dearth of quality people for the posts they need to fill,' said Gangwar on Saturday Congress leader Priyanka Gandhi Vadra said the govt was trying to escape blame for the job losses due to economic slowdown by such 'insulting' comments

2 min read15 Sep 2019
Politics

Government planning new labour legislation by merging 44 laws under 4 categories

Santosh Gangwar said the draft bill will be placed before the Union Cabinet after which it will be introduced in Lok SabhaThe four categories will deal with wages, social security, industrial safety and welfare, and industrial relations

1 min read11 Jun 2019
Politics

Labour ministry plans reforms to showcase a pro-worker image

Labour ministry is not only trying to benefit workers through a series of welfare measures, but also change its image from anti-worker to pro-worker, say officials

2 min read11 Jun 2018
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