-Scroll.in Ashwini Vaishnaw based his remarks on EPFO data, which experts say does not present a true picture since a bulk of the employment in the country is informal. Union Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw on November 24 used the Employees’ Provident Fund Organisation, or EPFO, payroll statistics to claim that an average of about 15-16 lakh jobs are being generated by the Union government every month....
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Is EPFO data right metric to show job creation? No, say experts citing its data limitations -TCA Sharad Raghavan
-ThePrint.in Wage ceiling, mobility of lower-end workers, smaller establishments willfully avoiding registrations among factors that make EPF data flawed indicator, they assert New Delhi: While the government often cites monthly data from the Employees’ Provident Fund Organisation (EPFO) — the latest edition of which was released on Friday — to show that formal sector employment is growing in India, economists say that the data is flawed, prone to inflation and captures only...
More »Santosh Gangwar oversaw mass transfers in EPFO hours before stepping down -Vikas Dhoot
-The Hindu Nearly 120 senior officers reshuffled just hours ahead of Cabinet expansion The day before Prime Minister Narendra Modi rejigged the Union Ministerial Council, there was another major reshuffle under the administrative watch of an outgoing minister — in a statutory body tasked with managing lakhs of crores of rupees. Nearly 120 top officials in the Employees’ Provident Fund Organisation (EPFO) that oversees the retirement savings of India’s formal workforce, were transferred...
More »With EPFO’s new facility, Principal Employers can view EPF compliance of contractors
-The Hindu Business Line Principal Employers not registered with EPFO can register on the Unified Portal and add details of their contractor(s), contract employees The Employees’ Provident Fund Organisation (EPFO) has launched a new electronic facility for Principal Employers which makes it easier for them to view EPF compliances of their contractors. EPFO made the announcement on its Twitter handle on Monday. “EPFO launches electronic facility for PRINCIPAL EMPLOYERS to view EPF compliances of...
More »A mirage sold as a panacea for the unorganised sector -Mohan Mani and Babu Mathew
-The Hindu The labour codes will only better India’s ‘ease of doing business’ ranking instead of improving conditions of employment In an interview with The Hindu in October this year, the Union Labour Minister claimed that the four labour codes would generate employment and secure the basic rights of the workers. He also claimed that the labour codes seek to universalise the right to minimum wage of workers and social security entitlements....
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