-Firstpost.com The labour ministry has put the Quarterly Employment Survey (QES) on the back burner as it wants to transition to computing payroll data based on Employees’ Provident Fund Organisation (EPFO) subscriptions, based on data from the Employees State Insurance Corporation (ESIC) and the Pension Fund Regulatory and Development Authority (PFRDA), according to this report in The Economic Times. Of course, the EPFO-based jobs data gives one a better picture about the...
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Minimum wage hiked to Rs. 350, but unions firm on strike plan
-The Hindu Bharatiya Mazdoor Sangh announces it will not take part in the strike. The Left affiliated central trade unions will go ahead with a nationwide strike on Friday, even as the Centre on Tuesday announced sops in a bid to placate them. The peace offering includes a hike in the minimum wage for unskilled non-agricultural workers in central public sector units from Rs. 246 to Rs. 350 a day and formation of...
More »Labour Ministry to trim cos' EPFO coverage threshold to 10 workers
-PTI At present, it is mandatory for firms with 20 or more workers to subscribe to social security schemes New Delhi: In a bid to provide social security to additional 50 lakh workers under retirement fund body EPFO, the Labour Ministry has decided to halve the threshold for coverage of firms to 10 workers through an executive order. At present, it is mandatory under the Employees' Provident Fund and Miscellaneous Provisions Act for...
More »Unorganized sector may get complete medical care under ESI scheme -Mahendra Singh
-The Times of India NEW DELHI: Rickshaw pullers, autorickshaw drivers, Anganwadi and Asha workers and other such vulnerable groups may get complete medical care (from primary to tertiary) under the umbrella of employee's state insurance (ESI) scheme. They may also be entitled for a range of cash benefits during exigencies arising out of their jobs such as death, injury, disablement, maternity and unemployment as guaranteed to workers in organized sector under the...
More »Construction hands to get medical benefits -Mahendra Singh
-The Times of India NEW DELHI: Now, lakhs of labourers working on construction sites can avail medical benefits under the labour ministry's Employee State Insurance (ESI) scheme. "The Employee State Insurance Corporation (ESIC) has approved extending benefits of the ESI scheme to workers deployed on construction sites from August 1, 2015," said an official. The decision is seen as a big step by the BJP government to extend social security coverage to a...
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