Labour Ministry

EPFO adds 14.12 lakh net subscribers in February 2022

EPFO data showed that it has added 14.12 lakh net subscribers in the month of February 2022.

Apr 20, 2022, 21:54 PM IST

Labour minister to review criteria for setting up ESIC hospitals

Keeping the need of nursing staff in ESIC Hospitals, the minister announced to open a nursing college in Manesar.

Feb 13, 2022, 23:21 PM IST

New Wage Rate Index series released, base year revised to 2016 from 1963-65

Ministry of Labour has released a new series of Wage Rate Index (WRI) with base year 2016, being compiled and maintained by the Labour Bureau, an attached office of the ministry.

Nov 24, 2021, 21:39 PM IST

E-Shram Update: Enrolment rising steadily on portal, 8.43 crore registered till Nov 20

More than 8.43 crore unorganised sector workers have registered on the e-Shram portal till November 20.  

Nov 21, 2021, 17:19 PM IST

Govt unveils e-SHRAM portal: Here’s how to register for e-SHRAM card

The registration of the workers on the portal will be coordinated by the Ministry of Labour, state governments, trade unions and common services centers (CSCs).

Aug 27, 2021, 21:11 PM IST

Good news for PF subscribers! 8.5 % interest on Provident Fund deposits to be credited on THIS date

Last year, the PF subscribers waited for around 8 to 10 months to get their interest rate. Previously, the Employees Provident Fund Organisation had kept the interest rate unchanged at 8.5 percent. Besides, the EPFO had asked employees to withdraw more money amid the second wave of the COVID-19 pandemic. 

Jun 01, 2021, 18:50 PM IST

No data available on migrant deaths due to COVID-19 lockdown: Government tells Parliament

The Narendra Modi government has informed the Parliament that it does not have any data regarding the number of migrants who died or were injured during migration to their native places due to the coronavirus-induced lockdown across the country.

Sep 15, 2020, 10:07 AM IST

Govt sets up 20 control rooms to address wage-related issues, migrant workers' plight during COVID-19 lockdown

The Labour Ministry on Tuesday (April 14, 2020) said that it has set up 20 control rooms on a pan-India basis to address wage-related grievances and to mitigate problems faced by migrant workers amid the lockdown period to contain the coronavirus crisis.

Apr 14, 2020, 13:47 PM IST

Modi govt approves 4% hike in DA for central employees

Modi government approves 4 per cent DA hike the central government employees. The decision will be effective from January 1, 2020.

Mar 13, 2020, 12:46 PM IST

EPFO cuts interest rate on PF deposits to 8.5%: Here’s the impact on you

EPFO on Thursday slashed interest rates on provident fund deposits to a seven-year low of 8.5 per cent for the current financial year. Here's how it will impact you. 

Mar 05, 2020, 18:40 PM IST

Centre yet to fix a sum as minimum monthly national wage

Seeking to clear the air, the labour ministry on Tuesday said the Centre has not fixed Rs 18,000 as national minimum monthly wage under the Code on Wages Bill.

Sep 05, 2017, 18:54 PM IST

EPFO to trim investments in AAA bonds; may pump Rs 3,000 crore into AA+ rated corp bonds: Labour Minister

The Employees Provident Fund Organisation or EPFO at a recent meeting decided to cut the current investment of Rs 15,000 crore in AAA-rated bonds by Rs 3000 crore and invest that amount in AA+bonds.

Aug 28, 2017, 16:21 PM IST

Less than 1% of registered job seekers got placed: Government

In 2013, the placement was over 0.7 percent. In the year prior to that, however, the number is slightly better at over 0.9 percent.

Jul 24, 2017, 19:06 PM IST

Wage Code, factories bill to be pushed in monsoon session

The Code on Wages Bill has already been approved by the ministerial panel, and will soon be placed for the Union Cabinet nod.

 

Jun 26, 2017, 17:18 PM IST

Conduct special audit of PF trusts: Panel to labour ministry

A parliamentary panel has asked the labour ministry to conduct special inspection or audit of private EPF trusts that have been found to be investing their workers' retirement savings in own firms through mutual funds.

Apr 09, 2017, 12:32 PM IST

Cabinet nod likely to double gratuity cap to Rs 20 lakh

The proposed amendment is being brought to bring the maximum ceiling amount to Rs 20 lakh in line with the 7th Central Pay Commission's recommendations as accepted by the government.

Mar 15, 2017, 09:01 AM IST

Gratuity ceiling for private sector employees to be raised to Rs 20 lakh

Formal sector workers may soon be eligible for up to Rs 20 lakh tax-free gratuity as central trade unions have agreed on the proposal in a tripartite consultation with the Labour Ministry.

Feb 23, 2017, 20:50 PM IST

Labour Min, FinMin agree on 8.65% EPF interest: Dattatreya

Labour Minister Bandaru Dattatreya on Tuesday said 8.65 percent interest rate on EPF deposits for this fiscal will soon be ratified by the Finance Ministry and there is no difference of opinion on the issue.

 

Feb 14, 2017, 18:58 PM IST

Budget may levy new cess to provide social security to coolies

Government may announce a new cess in the forthcoming Union Budget 2017-18 to cover around 20,000 railway coolies under social security schemes run by the retirement fund body EPFO.

Jan 23, 2017, 15:39 PM IST

Govt to launch campaign to open workers' bank accounts today

Labour Ministry will launch a campaign in association with Department of Financial services to open bank accounts of workers, who do not have one till date, in the organised as well as unorganised sector on Saturday.

Nov 26, 2016, 09:08 AM IST