-PTI/ The Telegraph Retirement fund body introduces a facility to allow its over 73 lakh pensioners to submit digital life certificate using face authentication technology Retirement fund body EPFO has not taken up the proposal to hike the investment limit in equities to 20 per cent from the existing 15 per cent, following demand for more deliberation from Employees’ representatives in its trustees’ meet earlier this week. “The proposal to enhance investment in...
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The challenges of Gig-Economy -Ashish Kumar Singh & Akash Singh
-CounterCurrent.org According to a NITI Aayog recent report titled ‘India’s Booming Gig and Platform Economy’ India’s gig workforce, estimated to be at 77 lakh in 2020-21. It is expected to go up to 2.35 crore by 2029-30. Gig worker are defined by Niti Aayog as those engaged in livelihoods outside the traditional employer-employee arrangement. Gig workers can be broadly classified into platform and non-platform-based workers. Platform workers are those whose work...
More »Manipur toll rises to 20, 43 still are missing -Umanand Jaiswal
-The Telegraph Three railway Employees are among those not traceable Guwahati: The death toll from Thursday’s landslide in Manipur’s Noney district has risen to 20 with the recovery of 12 more bodies. Around 43 people are still missing, 16 of them from Assam. Fifteen of the dead were Territorial Army personnel deployed for the security of railway staff and construction workers at the under-construction Tupul railway station yard, which was hit by the...
More »Challenges in Centre’s 1-million hiring plan -Howindialives.com
-Livemint.com With its plan to hire 1 million in 18 months, the central government is looking to effectively compress 11 years of hiring into 18 months. But even this won’t resolve the simmering employment crisis and will stretch government finances further Last week, the central government said it would fill its current job vacancies in “mission mode". If that mission holds, one million Indians will land a central government job in the...
More »Agnipath: With 34 lakh military pensioners, pensions form >50% of defence budget -Vignesh Radhakrishnan, Rebecca Rose Varghese and Jasmin Nihalani
-The Hindu More than half the defence budget is allocated for pensions every year while less than 5% is allocated for research and development One key reason for the Agnipath scheme, which aims to recruit defence personnel in short-term contracts, could be to reduce increasing pension payments in the Army, Navy, and Air Force. More than half the defence budget is allocated for pensions every year while less than 5% is allocated...
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