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On October 23, 2020, the Union Ministry of Labour announced that India has assumed the chairmanship of International Labour Organization after 35 years. The current Labour Secretary Apurva Chandra has been elected as the chairperson of the Governing Body of ILO. He is to preside over the upcoming meeting of the Governing body in November ..
On October 1, 2020, the Supreme Court quashed the notification of Gujarat Government to exempt factories from paying overtime wages to workers. The apex court said that the burden of economic slowdown shall not be put on workers who are the backbone of the economic activity. Lately, the country has been facing severe economic losses ..
Union Minister of State for Labour and Employment, Shri Santosh Kumar Gangwar launched the official logo of the Labour Bureau. The Logo The newly launched logo displays the three goals of the Labour Bureau i.e. Accuracy, Validity, and Reliability. It also indicates the Labour Bureau as a data-based organization that deals in data pertaining to ..
On 18 Nov, Pension Fund Regulatory and Development Authority (PFRDA) conducted a workshop on National Pension System (NPS) for Corporates in Mumbai. The workshop was organized in association of Maharashtra FICCI. The workshop revealed that overall number of NPS and APY subscribers in the country has crossed 3.12 crores with Asset under Management (AUM) of ..
As per the provisions of the PFRDA Act, the Overseas Citizens of India (OCI) will now be eligible to apply for the National Pension System (NPS) at par with Non Resident Indians (NRIs). Now, any Indian citizen, resident or non-resident and OCIs are eligible to join NPS till the age of 65 years. The contributions ..