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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...

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Modi govt's flagship Atal Pension Yojana meets 10 per cent of target -Kumar Vikram

-India Today Concerned over the poor response, the Finance Ministry has asked all state-run banks to extend the date of government contribution till March 31, 2016. The Centre's flagship pension plan, launched with much fanfare last year, is struggling to stay afloat. It has been able to bring only about 10 per cent of the targeted two crore under its ambit. The Atal Pension Yojana (APY), aimed at ensuring pension for those...

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The case for going universal -Diane Coffey & Payal Hathi

-The Hindu Maternity entitlements are an important policy tool for encouraging better maternal health. This is why we need to do away with conditionality in cash transfer schemes Since the National Food Security Act (NFSA) was passed in 2013, policy circles have been buzzing with talk of reforms in the public distribution system (PDS). Less well appreciated is the NFSA’s potential to call attention to, and help address, poor maternal nutrition — an aspect...

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Social sector experts seek higher allocation for RTE, NREGA

-The Hindu Business Line New Delhi: Social sector experts have sought wider coverage of social security benefits and increased allocation for the Right to Education, schemes for nutrition for children and the Mahatma Gandhi National Rural Employment Guarantee scheme. “There is a deficit of 9 lakh teachers. We have demanded allocation of at least 10 per cent of the national income to education and implementation of the Right to Education by the...

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Civil society urges more resources for social sector

Representatives of around 20 civil society organizations and NGOs met the Finance Minister Shri Arun Jaitley as part of pre-budget consultation on social sector on 12 January, 2016. Immediately after the pre-budget consultation, a press conference was held by some of these organizations to convey the media persons what demands/ suggestions were made.   Subrat Das, Executive Director of Centre for Budget and Governance Accountability (CBGA, http://www.cbgaindia.org/) informed us that during...

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