Cabinet Approves Amendments to Three Labour Codes

The Union cabinet approved amendments to the labour codes on September 8, 2020. The Three codes include social security, industrial relations, and occupational safety and health (OSH) out of four codes that was proposed in the Industrial Relations Code, 2019 ..

Month: Current Affairs - September, 2020

Enrolments in ESIC Social Security Scheme increases to 821,000

On May 23, 2020, the payroll data of the Employees State Insurance Corporation (ESIC) was released. The data says that around 821,000 new members have joined ESIC social security scheme. Highlights The data was released by National Statistical Office (NSO). ..

Month: Current Affairs - May, 2020

EPFO Scheme: Rs 764 crore released to the pensioners

On May 5, 2020, the Employees Provident Fund Organization has released Rs 764 crores to the pensioners. Highlights Around 135 field offices of the scheme processed the payment. This has been done in advance to avoid inconvenience of the pensioners ..

Month: Current Affairs - May, 2020

Social Security Code Bill introduced in Lok Sabha

On December 11, 2019, the social security code bill was introduced in Lok Sabha. The bill paves way for universalization of social security of 50 crore workers in the country. Key Features of the bill The bill proposes setting up ..

Month: Current Affairs - December, 2019

Facts Box: Drafts Security Code

The Union Government recently circulated the Draft Security Code that integrates existing labor laws and provides new initiatives to provide social security to workers of unorganized sector, insurance and helath benefits to gig workers. It includes drivers of private vehicle ..

Month: Current Affairs - November, 2019

Social Security Code for New India

The government is in the process of formulating the code on social security and welfare for the third time as the trade unions and industry bodies had raised objections to some provisions in the earlier draft. The social security code is ..

All about PM Kisan Maan Dhan Yojana

Union Ministry of Agriculture & Farmers Welfare has rolled out registration for the PM Kisan Maan Dhan Yojana to provide old age pension cover to farmers. It is new Central Sector Scheme envisioned with an aim to improve life of ..

Month: Current Affairs - August, 2019

Government of India reduces rate of contribution under Employees’ State Insurance (ESI) Act from 6.5% to 4.0%

The Union Government has taken a historic decision to reduce the salary contribution of industrial workers who are eligible for healthcare benefits under the Employees’ State Insurance Act (ESI) Act from 6.5% to 4.0%. The move is aimed at formalizing ..