Labour Ministry announces Draft Rules under Code on Social Security

On November 15, 2020, the Labour Ministry released draft rules under Code on Social Security. The rules provide for Aadhaar-based registration. This includes registration of gig workers, unorganized workers and platform workers on the portal of Central Government. Highlights The draft rules have been linked to the Employees Provident Fund Organization, National Social Security Board, ..

Month: Current Affairs - November, 2020

Category: Legal & Constitution Current Affairs

Topics: Aadhaar • Building and Other Construction Workers Welfare Boards • Employment provident fund • gig worker • Labour Code • Labour Code on Social Security • Migrant workers • Real Estate regulatory authorities • Social Security

Cabinet Approves Amendments to Three Labour Codes

The Union cabinet approved amendments to the labour codes on September 8, 2020. The Three codes include social security, industrial relations, and occupational safety and health (OSH) out of four codes that was proposed in the Industrial Relations Code, 2019 bill. Highlights of the Industrial Relations Code, 2019 The bill recognises trade unions. It seeks ..

Month: Current Affairs - September, 2020

Category: Economy & Banking Current Affairs

Topics: Four Labour Codes • Labour Code on Industrial Relations • Social Security

Enrolments in ESIC Social Security Scheme increases to 821,000

On May 23, 2020, the payroll data of the Employees State Insurance Corporation (ESIC) was released. The data says that around 821,000 new members have joined ESIC social security scheme. Highlights The data was released by National Statistical Office (NSO). According to the data the subscribers to the scheme in 2018-19 were 14.9 million and ..

Month: Current Affairs - May, 2020

Category: Government Schemes Current Affairs

Topics: COVID-19 • ESIC • ESIC scheme • NSO • PFRDA • Social Security • Social Security Scheme • universal social security code

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

Social Security Code Bill introduced in Lok Sabha

On December 11, 2019, the social security code bill was introduced in Lok Sabha. The bill paves way for universalization of social security of 50 crore workers in the country. Key Features of the bill The bill proposes setting up of a social security fund to fulfill benefits such as medical cover, pension, death and ..

Month: Current Affairs - December, 2019

Category: Legal & Constitution Current Affairs

Topics: CLAT • Employee Provident Fund (EPF) • Payment of Gratuity Act 1972 • Social Security • Social Security Laws • universal social security code