-The Hindustan Times The labour ministry has proposed a minimum pension of Rs. 1,000 a month for all those who subscribe to the Employees’ Pension Scheme (EPS). If implemented, the move will benefit nearly 3 million workers engaged in small and medium enterprises with higher retirement benefits. Under the EPS 95 scheme, which has been in operation since 1995, a part of the employees’ provident fund contributions are set aside into...

-The Economic Times The World Bank has urged India to make provident fund membership compulsory for all formal sector staff and urgently raise the 6,500 wage ceiling for mandatory PF contributions - which at present is even lower than the minimum wages in most states. The Bank has also advised to reduce the threshold for bringing firms under the Employees' Provident Fund (EPF) net from 20 staff to 10, dismissing finance ministry...

By stopping social security pensions, the Karnataka government has put the lives of over 10 lakh poor in peril. Naveen Basavaraj Kuntoji is nine years old and suffers from cerebral palsy. His movements are greatly restricted, and it looks like he is in great pain every time he valiantly wills his body to do something. When he is hungry, he slowly lifts his hand and points to his mouth. When this...

-The Hindu Renowned trade union leader Dipankar Mukherjee (69), who passed away on Monday morning, was a brilliant parliamentarian with versatile capabilities. Elected to the Rajya Sabha in April 1994 from West Bengal as a Communist Party of India (Marxist) member, Mr. Mukherjee played an important role in intervening in all crucial economic and industrial policy-related issues during his 12-year-long parliamentary stint till 2006. Born in June 1943 in Kolkata, Mr. Mukherjee had...

The UPA II’s third anniversary on May 22 may witness a repackaging of old schemes, promises and achievements in the “Report to the people” as the government has little to show for 2011-12. Sources say the 13-chapter report struggles to contest the perception of policy paralysis by pointing out social-sector initiatives based primarily on welfare schemes launched during the UPA I regime or in the first year of UPA II. The government...