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Bandaru Dattatreya News
India continues to have one of the lowest female workforce participation
Tue, Aug 02, 2016
Female workforce participation rate in India is among the lowest in major countries of the world. Unfortunately, the rate has consistently fallen till last data available of 2012.
Labour Ministry exempts start-ups from six more laws
Fri, Jul 08, 2016
The Ministry of Labour is likely to write a letter to all the States notifying the new rule.
New mothers across sectors may get paid maternity leave up to six months
Fri, Jul 01, 2016
The proposal for extending the maternity leave under the Maternity Benefit Act of 1961, received a green signal from Finance Minister Arun Jaitley to be implemented in government and private sectors.
Good news for pension holders! EPFO may hike minimum pension by 20%
Tue, Jun 28, 2016
Minimum pension likely to be raised to Rs 1,250, the report added.
Modi government to punish violators of Contract Labour Act: Union Minister
Tue, Jun 14, 2016
Union Minister, Bandaru Dattatreya today said the Modi-led government is firm on punishing those found violating the provisions in the Contract Labour (Regulation and Abolition) Act, 1970.
EPFO to invest more than Rs 6700 crore in equity markets this year
Mon, Jun 06, 2016
Last year, EPFO invested Rs 6,700 crore in the stock markets and earned a return of 1.68%.
Bandaru Dattatreya to pitch for raising EPFO's investment in stocks
Tue, May 24, 2016
Dattatreya said the National Career Service (NCS) Project with the aim to bring job seekers, employers and training providers on a common platform.
Plan to hike financial aid to rehabilitated bonded labourers: Bandaru Dattatreya
Tue, May 17, 2016
The minister said the rehabilitation work has been made simple for the district magistrate/collector/deputy commissioner.
Govt investigating anomalies in Kingfisher Airlines' PF contribution
Mon, May 09, 2016
The government has found anomalies in the provident fund contributions reported by Kingfisher Airlines and has stated investigations, Bandaru Dattatreya told the Lok Sabha in a written response on Monday.
No paid time off for new Indian fathers just yet
Mon, May 09, 2016
While the government is considering a proposal to hike the paid maternity leave for expecting women working in the private sector from the current 12 weeks to 26 weeks, there's still time before new fathers in India will get any such relief to take care of their new born baby at home.
Finance Ministry agrees to give 8.8% interest on EPF: Bandaru Dattatreya
Fri, Apr 29, 2016
After the nationwide protest by trade unions against lowering of EPF interest rate, Labour Minister Bandaru Dattatreya on Friday said that Finance Ministry has agreed to give 8.8% interest on Employee Provident Fund (EPF).
Trade unions to hold day-long protest today on lowering of EPF interest rate
Fri, Apr 29, 2016
The trade unions including Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Centre of Indian Trade Unions (CITU) and All India United Trade Union Centre (AIUTUC) will join the protest.
Nationwide protest by trade unions on Friday over EPF interest rate
Thu, Apr 28, 2016
The ministry decided to ratify 8.7% interest rate on Employees Provident Fund for 2015-16 fiscal
Finance Ministry defends lower EPF rate, cites lower earnings of EPFO
Wed, Apr 27, 2016
A Finance Ministry source said the decision was based on "pure arithmetic calculation" and is aimed at ensuring sustainability of the EPFO.
Arun Jaitley lowers EPF rate to 8.7% for FY16; trade unions protest
Tue, Apr 26, 2016
Trade unions including RSS-backed Bharatiya Mazdoor Sangh (BMS) have lodged their protest against the Finance Ministry's decision of lowering the interest rate approved by the Central Board of Trustees (CBT).
EPFO bats for 'One Employee One EPF Account'
Mon, Apr 25, 2016
Joy also informed his colleagues that EPFO proposes to launch a system of 'One Employee one EPF Account' on May 1.