India committed to achieve inclusive growth: Dattatreya

Last Updated: Monday, June 15, 2015, 17:39

He assured that the government is committed to protect and safeguard the interests of workers and uphold the dignity of labour.

Govt proposes to relax labour laws for contract workers hiring

Last Updated: Wednesday, June 10, 2015, 18:39

To improve ease of doing business, government is proposing relaxed set of labour laws for hiring of contract workers with greater flexibility to companies and a proposal on this may soon be taken to the Cabinet.

'India failed to occupy space vacated by China on jobs front'

Last Updated: Sunday, June 7, 2015, 16:28

"Jobs in manufacturing such as textile, gems and jewellery and leather that were vacated by China, we could not take advantage of that.

Unions question TDS on PF withdrawals, want order on hold

Last Updated: Friday, May 22, 2015, 17:23

Opposing the government's decision to deduct tax at source on pre-mature PF withdrawals, trade unions on Friday said they will ask the Labour Ministry to put the EPFO order in this regard on hold.

PF contribution likely to be on 'Contributory Wages'

Last Updated: Wednesday, May 20, 2015, 23:20

In a breather to employers, the Labour Ministry has proposed that contribution by companies towards their workers' EPF schemes would be a portion of "Contributory Wages" which will not include house rent and travel allowances.

EPFO to invest 5% of its corpus in equity market

Last Updated: Friday, May 15, 2015, 23:29

The Labour Ministry has allowed investing a part of retirement fund body EPFO's incremental corpus in equity market in the form of exchange-traded funds, Central Provident Fund Commissioner K K Jalan said on Friday.

Labour Ministry to push reforms in Monsoon session

Last Updated: Sunday, May 10, 2015, 11:28

The government's key labour reforms bills on industrial relations, wages code, small factories and EPF are likely to be introduced in the next monsoon session of Parliament, sources said.

Govt allows investing 5% of EPFO corpus in stock markets

Last Updated: Friday, April 24, 2015, 17:51

Government has allowed retirement fund body EPFO to invest 5 percent of its corpus in exchange traded funds which will result into an inflow of around Rs 5,000 crore into the stock markets during this fiscal.

Labour Min may notify new investment norms for EPFO soon

Last Updated: Tuesday, April 21, 2015, 18:05

The Labour Ministry may soon notify new investment norms for EPFO allowing the retirement fund body to invest up to 5 percent of its huge corpus of Rs 6.5 lakh crore in exchange traded funds (ETF).

Labour Min to notify pattern of EPFO investment in equity soon

Last Updated: Tuesday, March 31, 2015, 20:41

To facilitate flow of EPFO funds into equity markets, Labour Ministry is proposing to start with investment of 1 percent of its corpus into equity and related schemes and take it gradually to 5 percent.

EPFO investment in equity may not fully accept FinMin proposal

Last Updated: Thursday, March 12, 2015, 19:43

Labour Ministry will soon come out with guidelines on new investment pattern for equity and equity related schemes but is unlikely to fully accept the Finance Ministry's proposal in this regard.

Affordable housing scheme for EPFO subscribers in the works

Last Updated: Sunday, January 4, 2015, 10:58

The Ministry intends to collaborate with PSU banks, housing finance companies, state-owned construction firms like NBCC and authorities like DDA, PUDA, HUDA to build houses at a price to be fixed by the government.