Economy
- The centre is reconsidering a plan to widen the social security net (Free Available)
- Govt received Bids of 53000 crore (Free Available)
- To Boost BRICS trade, India will organise trade fair for BRICS (Free Available)
- PMI in sept saw a slight dip (Free Available)
- Country’s services sector business activity softer in September (Free Available)
- World Economic Forum says India and Pak problem will not impact regional growth (Free Available)
- India is examining mechanisms to offset higher emissions (Free Available)
- India’s foreign exchange reserves scaled to a new high (Free Available)
- Telecom secretary says despite low response in spectrum govt will meet targets (Free Available)
- Government to give push to stalled hydro projects (Free Available)
- A federal appeals court reinstated a $120 million jury award for Apple (Free Available)
- A new global pollution deal for aviation (Only for Online Coaching Members)
- Govt will augment the process of development for 36 waterways (Only for Online Coaching Members)
- Centre to consider approach to revitalise India’s retail and wholesale trade (Only for Online Coaching Members)
- Centre formed a high-level committee to consolidate the regulation of pension products (Only for Online Coaching Members)
- Govt warns employees against criticism of GSTN (Only for Online Coaching Members)
- Rapid-growth companies number increased very fast (Only for Online Coaching Members)
- Government pursuing lower GST rate (Only for Online Coaching Members)
- Air India posts operational profit for first time in 8 years (Only for Online Coaching Members)
- Wholesale price inflation eased marginally in September (Only for Online Coaching Members)
- Credit guarantee fund for start ups to be set up by the Centre soon (Only for Online Coaching Members)
- Centre to push for infrastructure development in next few months (Only for Online Coaching Members)
- The Centre plans to widen consultations over a proposed social security code for workers (Only for Online Coaching Members)
- BRICS agree to setup independent rating agency (Only for Online Coaching Members)
- NITI Aayog called for an overhaul of India's steel policy (Only for Online Coaching Members)
The centre is reconsidering a plan to widen the social security net
- The centre is reconsidering a plan to widen the social security net for workers by bringing more factories under the provident fund coverage.
- The Cabinet Secretariat has pointed out a few contradictions in the Labour Ministry’s proposal to amend the Employees’ Provident Fund and Miscellaneous Provisions Act of 1952.
- The Labour Ministry had proposed to bring down the threshold limit for coverage of firms under the Employees’ Provident Fund (EPF) to factories with at least 10 workers. At present, the EPF Act is applicable to factories with minimum 20 workers.
- The proposal to decrease the threshold limit was found to be contradictory with another proposal in the Act to give an option to workers to switch to the NPS, managed by the Pension Fund Regulatory and Development Authority.
- In his Union Budget 2015-16 speech, Finance Minister Arun Jaitley had proposed allowing EPF subscribers to opt for NPS and to make EPF contributions optional for workers below a certain income threshold.
