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Questions for Mr. Nilekani-SG Vombatkere

-The Hindu The architects of the unique identification scheme are yet to provide satisfactory answers to concerns about data security The Aadhaar scheme of the Unique Identification Authority of India (UIDAI) is to provide India’s billion-plus people with a unique identification number. Enrolment is not mandatory, though it was mentioned that it would be difficult for people to access public services if not done. The scheme requires individuals to provide their photograph,...

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Unions Oppose EPFO's Move to Make Aadhaar Mandatory

-Outlook Trade Unions have raised red flag against the retirement fund body EPFO's suo moto decision to make submission of Aadhaar mandatory for its over 50 million existing subscribers and new members. Questioning the decision of the Employees' Provident Fund Organisation (EPFO), the trade union leaders said that it would be impossible for the members to provide Aadhaar numbers as the scheme was not operational in many parts of the country. Also...

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Towards a secure retirement-Renuka Sane

-The Indian Express Increasing Provident Fund contributions within a faulty system is not the answer The Employees Provident Fund Organisation (EPFO) is moving towards increasing the mandatory contributions made towards an individual’s Provident Fund (PF). Contributions to the PF are 24 per cent of basic wages. Earlier, employers would exclude allowances such as the housing allowance (HRA) to make the basic wage look smaller, and pay lower amounts. If the EPFO has...

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Tougher EPFO norms for employees -Neeraj Chauhan

-The Times of India NEW DELHI: The EPFO (Employees' Provident Fund Organization), which manages lifetime savings of 6.15 crore individuals, has just made life tougher for workers. Employees will now have to prove that their employers deducted the statutory dues while giving them salaries, a move that will further benefit construction companies and contractors in particular who often claim that they have paid salaries to thousands of workers without actually transferring...

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Higher pension ball lands in Cabinet's court-Amiti Sen

-The Economic Times The labour ministry has moved a Cabinet note saying the government should raise the monthly pension for organised-sector workers to Rs 1,000 and fund the differential, despite the proposal cutting no ice with finance ministry. The Cabinet note, moved by Labour Minister Mallikarjun Kharge, has put out three options, but his ministry is keen that the burden of providing the extra pension does not fall on employees. "We have proposed...

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