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Data Set for Modi's '7 Million Jobs' Claim Badly Maintained, '30-40% Unclean' -Somesh Jha

-TheWire.in/ Business Standard The Employees’ Provident Fund Organisation data analysed by researchers showed that in some cases, members have received contributions even before their joining date. New Delhi: A presentation made by State Bank of India chief economist Soumya Kanti Ghosh and Indian Institute of Management-Bangalore professor Pulak Ghosh to the Prime Minister’s Office (PMO) in January captured how subscriber data is shoddily maintained by the Employees’ Provident Fund Organisation (EPFO) –...

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Budget 2018: Will Women Really Be Better Off at the End of This Fiscal? -Barkha Deva

-TheWire.in In the gender Budget, the Modi government has not done much more than pay lip service to policies that impact women. Soon after the Union Budget was presented, the PMO tweeted Modi as saying: “Special emphasis has been given on women empowerment in the Budget.” A high-voltage communication campaign followed highlighting key proposals for women, including an increase in commitments for the Ujjwala scheme to provide free gas connections to eight crore...

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The call for a large safety net -Somesh Jha

-The Hindu Social security cover for all, even informal workers, is an ambitious target for the Centre and stumbling blocks pave its path. The Union government on Thursday proposed an ambitious law to provide social security net to the 47.41 crore-strong workforce of the country. The proposed code on ‘Social Security and Welfare’ intends to make a drastic shift in the social security framework of the country from an employment-based approach to a...

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Centre rethinks plan to widen EPF coverage -Somesh Jha

-The Hindu Industry had opposed the move as it may hurt small factories financially New Delhi: The centre is reconsidering a plan to widen the social security net for workers by bringing more factories under the provident fund coverage. The Cabinet Secretariat has pointed out a few contradictions in the Labour Ministry’s proposal to amend the Employees’ Provident Fund and Miscellaneous Provisions Act of 1952, senior labour ministry officials said. The Labour Ministry had...

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Flimsy arguments to justify contract labour -KR Shyam Sundar and Rahul Suresh Sakpal

-The Hindu Business Line The Economic Survey’s efforts to link ‘excess’ labour regulation to this practice do not stand up to scrutiny The Economic Survey has unconvincingly linked the practise of contract labour to an excess of labour regulation — what it calls ‘regulatory cholesterol’. The Survey alleges that to negotiate the regulatory “cholesterol” in labour law firms resort to contract labour. This is a contestable view. According to the Survey, extensive use...

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