Ministries told to set up panel to ensure prompt crediting of NPS contributions
“It has been decided that a committee in each ministry/department shall be constituted to ensure oversight over the NPS contributions crediting," the finance ministry said.
377 infrastructure projects show cost overruns of Rs 3.94 lakh crore
The Ministry of Statistics and Programme Implementation monitors infrast...
For 1st time, AI refuses tickets to govt agencies that owe it over Rs 10 lakh
For the first time in its decades-long existence, AI has chalke...
Over 6 crore EPFO members to get 8.65% interest for 2018-19: Labour minister
"...ahead of the festival season, over 6 crore EPFO subscribers would get 8.65 per cent interest for 2018-19," said Labour Minister Santosh Gangwar.
Wrong to say DeMo, GST & bank mergers not working; but there are teething troubles: FM
Problems do come up as all of us are getting into a formal system, into a technology driven system. I can understand the difficulties but I would not reject moving forward with the system which is in place and which benefits all of us. Finance Minister Nirmala Sitharaman on India attaining a $5-trillion economy, GST, failure of reforms and more.
Supreme court order gives techies 'Aadhaar' to not share unique ID
Employees are citing the SC order from last September to avoid linking Aadhaar to EPFO.
Govt working on suggestions to create Rs 5k cr stressed asset fund: Secretary MSME Arun Kumar Panda
Issues around access to finance, lack of cutting edge technology and asymmetry of information are some of the primary issues Indian MSMEs today face.
FM’s pre-budget talks with stakeholders to begin today
“Over next few days, FM will meet stakeholder groups from start-ups, fintech and digital, financial sector, capital markets, industry, services and trade, agriculture and agro processing, social sector, water and sanitation, trade union and labour organisations, industrialists, infrastructure, energy and economists,” the finance ministry said
One crore joined EPFO via PMRPY, claims labour ministry
According to labour ministry, 33,031, 30,27,612 and 69,49,436 beneficiaries have been enrolled with EPFO under the PMRPY during 2016-17, 2017-18 and 2018-19 respectively.
Government proposes to make 14-day prior notice mandatory for employees to go on strike: Santosh Kumar Gangwar
Labour minister Santosh Kumar Gangwar informed the Rajya Sabha that if there is a strike in any unit, they (employees) would have to inform at least 14 days in advance. He said this is part of the new labour law which the government is bringing and the ministry is in touch with the various state governments.
The next booster shot to revive economy may not be far away
Going by what the indicators are showing so far, third quarter doesn't hold any hopes of revival.
Outlook for 2020: Exports to rebound but expect subdued growth
However in 2020, the growth in trade volume is projected to accelerate to 2.7 per cent.
Exports to rebound in 2020 but growth to remain subdued
Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products, which constitute 13.42 per cent of overall outward shipments.
National Policy on Statistics set to be unveiled soon
The credibility of India’s official stats is under strain following alleged shelving of unfavourable data.
Finance ministry seeks labour ministry help to fund proposed hike in minimum EPS pension
The move comes in the wake of tremendous pressure being built up on the government to raise minimum pension of EPS subscribers in line with guaranteed pension for the unorganised workers.
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