For Central Government Employees nothing announced about the demand of Rs 18000 minimum wage “The working class is also betrayed contrary to the claims being made by the prime minister and the finance minister in regard to providing dignity to the workers. Nothing announced about the demand of Rs 18000 minimum wage to workers about 45 crore of them who were hoping against hope.” AITUC DEPLORES THE BJP LED NDA GOVT. FOR MAKING CRUEL JOKE ON THE SUFFERING PEOPLE Press Release The BJP led NDA government has once again attempted to throw jumlas on the face of suffering people of India through its vote on accounts (interim budget). The announcements made are with forthcoming elections in mind, just throwing statistics without any basis. On one hand side it is a cruel joke on the marginal farmers who hold land up to 2 hectares which number about 86 % of total farmers in the country offering rupees 17 per family per day. The rural landless poor who work in the fields and related ag...

Payroll Reporting in India: An Employment Perspective – Coverage and Sources of data Coverage and Sources of data 1.  The Employees Provident Fund Scheme (EPF)  is a mandatory savings scheme under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. It is managed under the aegis of Employees’ Provident Fund Organization (EPFO). It covers every establishment in which 20 or more persons are employed (and certain other establishments which may be notified by the Central Government even if they employ less than 20 persons each), subject to certain conditions and exemptions as provided for in the Act. The pay ceiling is Rs.15000/- per month. Persons drawing pay above Rs. 15,000 are exempted or can be enrolled with some permission or on voluntary basis. The number of members subscribing to this scheme gives an idea of the level of employment in the formal sector. The data on subscribers-new members, exited members and those subscribers that re-started their su...

Ministry of Commerce & Industry Incentives to Industries in Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States 17 DEC 2018 Twenty-one projects are under implementation or have been completed in the States of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States including six projects in the States of Himachal Pradesh, Jammu & Kashmir, Mizoram and Tripura.This information was given by Minister of State for Commerce & Industry C. R. Chaudhary in a written reply in the Lok Sabha today. Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce & Industry has been implementing many schemes for providing incentives to industries in the States of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States including Sikkim. The scheme for Jammu & Kashmir provides Central Capital Investment Incentive at the rate of 30% of the investment in plant & machinery with an upper l...

Creating job opportunities employment generation during last three years. Creating job opportunities and facilitating generation of employment has been at the core of our policy-making. During the last three years, we have taken a number of steps to boost employment generation in the country. These measures include:- Contribution of 8.33% of Employee Provident Fund (EPF) for new employees by the Government for three years. Contribution of 12% to EPF for new employees for three years by the Government in sectors employing large number of people like textile, leather and footwear. Additional deduction to the employees of 30% of the wages paid for new employees under the Income Tax Act. Launch of National Apprenticeship Scheme with stipend support and sharing of the cost of basic training by the Government to give training to 50 lakh youth by 2020. Introducing system of fixed term employment for apparel and footwear sector. Increasing paid maternity leave from 12 weeks to 26 weeks, along ...