Page-3 of Social Security
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 (ESI) Act from 6.5% to 4.0%. The move is aimed at formalizing ..
Cabinet Approves Pension Scheme for Small Traders
The Union Cabinet headed by Prime Minister Narendra Modi has approved a new scheme which assures minimum monthly pension of Rs 3,000 to all shopkeepers, retail traders and self-employed persons after attaining the age of 60 years. About the Pension ..
Sikkim is set to become first Indian state to roll out Universal Basic Income (UBI)
The Sikkim Democratic Front (SDF) ruled government has recently decided to include UBI in its manifesto ahead of 2019 state assembly polls and aims to implement the scheme by 2022. If everything goes according to the plan, it will be ..
Government raises its contribution in National Pension System to 14% from 10%
Union Cabinet has decided to raise contribution of Central Government to National Pension System (NPS) corpus of its employees from 10% to 14%. This will increase in eventual accumulated corpus of all central government employees covered by NPS. There are ..
Month: Current Affairs - December, 2018
ESIC wins ‘ISSA GOOD Practice Award, Asia & The Pacific 2018’
The Employees’ State Insurance Corporation (ESIC) has won the ‘ISSA Good Practice Award’ for Administrative Solution for Coverage Extension at the “Regional Social Security Forum for Asia and the Pacific” held at Kuala Lumpur, Malaysia recently. The award recognizes the ..
ESIC wins ISSA GOOD Practice Award, Asia and Pacific 2018
Employees’ State Insurance Corporation (ESIC) was awarded ISSA (International Social Security Association) ISSA Good Practice Award for Administrative Solution for Coverage Extension at Regional Social Security Forum for Asia and Pacific held at Kuala Lumpur, capital Malaysia. The award was ..