EPFO Scheme: Rs 764 crore released to the pensioners

On May 5, 2020, the Employees Provident Fund Organization has released Rs 764 crores to the pensioners. Highlights Around 135 field offices of the scheme processed the payment. This has been done in advance to avoid inconvenience of the pensioners during lock down. The bank branches all over the country have been directed to make ..

Month: Current Affairs - May, 2020

Category: Government Schemes Current Affairs

Topics: Employee Provident Fund (EPF) • Employees Provident Fund • Employees’ Provident Fund Organisation (EPFO) • EPFO • Ministry of Labour and Employment • Social Security

Government Declares Banking Services as Public Utility Service

The government recently notified that the banking services would be categorised as a public utility service for the next 6 months. About Banking services are to be categorised as public utility services till the 21st of October. The Union Ministry of Labour and Employment declared the categorisation under the provisions of the Industrial Disputes Act. ..

Category: Economy & Banking Current Affairs • India Nation & States Current Affairs • Legal & Constitution Current Affairs

Topics: Banking Sector • Industrial Disputes Act • Ministry of Labour and Employment

Portal Santusht launched: To implement policies of Labour Ministry at grass root level

The Portal Santusht is an Implementation Monitoring Cell that was launched by the Ministry of Lobour and Employment in January 2020. The portal addresses delivery of public services, their transparency, accountability, schemes and policies at grass root level. Highlights The portal aims to address the speedy redressal of grievances of workers ans employers. It monitors ..

Month: Current Affairs - February, 2020

Category: India Nation & States Current Affairs

Topics: E-governance • Employment • EPFO • ESIC • Grievance redressal • labour laws • Ministry of Labour and Employment • Portal

National Pension Scheme for traders: Not successful as expected

The National Pension Scheme for traders, Shopkeepers and Self-Employed persons, also called the Pradhan Mantri Laghu Vyapari Maan-dhan Yojana was launched in July 2019. It aimed at benefitting 3 crore small traders and shopkeepers Highlights The Government set a target of 50 lakh enrolment by the end of March 2020. However, only 25,000 persons have ..

Month: Current Affairs - January, 2020

Category: Government Schemes Current Affairs

Topics: Income Tax • Ministry of Labour and Employment • national pension scheme • Pension • Pension Scheme for Traders • Pension Schemes

Labour Ministry is celebrating Pension Week

The Labor Ministry is celebrating pension week from November 30, 2019 to December 6, 2019 in order to increase enrolments under National Pension Scheme (NPS) for traders and Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM). The aim of the celebration is to enroll 1 crore beneficiaries under PMSYM and 50 lakh beneficiaries under NPS-traders. Highlights The ..

Month: Current Affairs - December, 2019

Category: Important Days & Events Current Affairs

Topics: ASHA • Ayushman bharat • family pension • Ministry of Labour and Employment • national pension scheme • Pension Schemes • Pradhan Mantri Shram Yogi Maan-dhan • Self-Help Groups