Current Affairs

GK MCQs Section

Page-2 of Topic: Indian labour law

Government of India reduces rate of contribution under Employees’ State Insurance (ESI) Act from 6.5% to 4.0%

The Union Government has taken a historic decision to reduce the salary contribution of industrial workers who are eligible for healthcare benefits under the Employees’ State Insurance Act...

June 14, 2019

Election Commission revises MGNREGA wage rates

Election Commission has approved to revise the wages under the MGNREGA ( Mahatma Gandhi National Rural Employment Guarantee Act) scheme under the request of Rural Development Ministry from...

April 2, 2019

Central Government contribution in National Pension Scheme (NPS) raises to 14%

The Union Cabinet has recently raised the government’s contribution to National Pension Scheme (NPS) to 14% of basic salary from the current 10%. However, minimum employee contribution will...

December 11, 2018

AP government approves an unemployment allowance scheme “Mukhyamantri Yuva Nestam”

The Andhra Pradesh Cabinet has recently approved an unemployment allowance scheme “Mukhyamantri Yuva Nestam” through which an allowance of Rs 1000 per month will be provided to unemployed...

August 3, 2018

The conference on implementation of National Pension System (NPS) by Central Autonomous Bodies (CABs) held in New Delhi

The conference on implementation of National Pension System (NPS) by the Central Autonomous Bodies (CABs) was held in New Delhi. It was organized by Pension Fund Regulatory and...

June 17, 2018

Fixed Term Employment

Fixed-term employment is a contract in which a company or an enterprise hires an employee for a specific period of time. Features: In most case it is for...

May 21, 2018

Recent Government Steps to Make Savings Process simpler for Small Savers

The government has taken steps to make the life easier for small savers and also ensure the motto of ‘minimum government, maximum governance’. Steps taken to ease the...

May 19, 2018

Model Shops and Establishments (Regulation of Employment and Conditions of Service) Bill, 2016

In June 2016, the government had come out with Model Shops and Establishment (Regulation of Employment and Conditions of Service) Bill, 2016. It was sent to States/UTs so...

April 7, 2018

Pension regulator PFRDA increases maximum age of joining National Pension Scheme (NPS) Private Sector from 60 to 65

The Pension Fund Regulatory and Development Authority (PFRDA) has increased the maximum age of joining National Pension Scheme (NPS) Private Sector from the 60 to 65 years of...

November 2, 2017

Voluntary Provident Fund

Voluntary Provident Fund (VPF) refers to the voluntary contribution that an employee makes towards his Provident Fund Account over and above the mandatory 12% of his basic salary....

November 13, 2015

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