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View: A 'full-time' politician is best suited for the FM's job right now
Consider the circumstances. The economic shock has devastated three of the four engines of economic growth: private consumption, private investment and exports. The finance minister needs to pilot a $2.6 trillion economy on one engine: government spending. This requires greater skills in politics than economics.
Govt seeks Parliament’s approval for Rs 2.35 lakh crore of additional gross expenditure
Finance Minister Nirmala Sitharaman on Monday sought ...
Shift focus to skilling, jobs: PM to GoM, ministries
In a meeting with the 8-member group of ministers on skill development and employment ge...
Labour ministry keen to retain 8.65% interest rate on EPF deposits for 2019-20
Speculations are rife that the interest rate on EPF may be lowered to 8.5% for the current fiscal, a tad lower than 8.65% provided for 2018-19. As per sources, the agenda for the CBT meeting has not yet been finalised and it is difficult to predict EPFO's income projections for the current fiscal, which will be the basis for fixing the rate.
Social security schemes may soon cover gig workers too
The labour ministry may soon include gig workers under the existing social security schemes of the government, which would make them eligible for pension and medical benefits.
Government to integrate online job portals with Unnati to bring employers and job seekers under one umbrella
Centre plans to create a mega portal with NITI Aayog's ‘Unnati’ that will cater exclusively to the needs of the blue and grey collar workers in the country following a diktat from PM Modi to help workers get jobs in their state.
Home Ministry issues standard operating procedure for stranded labourers
The ministry, however, cautioned against any movement of labourers between states or Union Territories where they are currently located.
House panel meets lined up, but Covid fears remain
The new PAC constituted at the beginning of this financial year has not held any meeting so far. The first meeting is crucial as selection of subjects to be taken up will be finalised in this sitting. Standing Committee on Labour Chairperson Bhartruhari Mahtab is optimistic that a meeting can be convened soon.
Centre pushes for economic ramp-up after April 20
Roads, rural construction and mining have been identified for 2 million workers.
Retail inflation for industrial workers eases to 5.45% in April: Labour ministry data
Lauding the efforts of the Labour Bureau which collects and released Consumer Price Index-Industrial Workers (CPI-IW), Labour Minister Santosh Gangwar said the 'cost of living index' data collection and release by the bureau in these difficult times during the lockdown is commendable and would go a long way to help in policy making in the country.
Labour Ministry's 11 employees test COVID-19 positive in Shram Shakti Bhawan: Source
The staff are being tested for COVID-19 after two employees found positive last week, which led to closure of Shram Shakti Bhawan that houses the ministry for two days on June 4 and 5 for sanitisation.
Stranded labourers to be allowed to move within state during lockdown with conditions
The govt order made it clear that there will be no inter-state movement of workers.
EPFO defers March dues payment till May 15; provides relief to 6 lakh firms, 5 crore subscribers
This decision of Ministry of Labour and Employment is to support and provide relief to employers of establishments which have disbursed wages for March, 2020 to its employees and an incentive to employers for wage payment to employees during COVID-19 pandemic, a Labour Ministry statement said.
Labour Ministry mulls 'Santusht' portal in Jan for speedy resolution of grievances
Initially, Santusht (Hindi for satisfied) would monitor all services provided by retirement fund body EPFO and health insurance and services provider ESIC to formal sector workers. Later, the portal would cover other wings of the ministry as well. It would also have data on real time basis to assess the performance of each and every official.
Labour reforms: After Centre's push, states explore ways to house migrants better
Gujarat’s new industrial policy launched on Saturday talks about dormitory housing for migrant workers near industrial zones under state and central urban housing schemes, while some others including Haryana, Tamil Nadu and Karnataka are working on similar policies, people aware of the development told ET.
