Amount under Employees Pension Fund Account The Union Labour & Employment Minister Shri Mallikarjun Kharge has informed the Rajya Sabha today that Total amount held under Employees’ Pension Fund Account as on 31 March 2011 is Rs. 1,42,760.89 Crore. Interest income earned on the investment during 2010-11 is Rs. 10,732.67Crore. The stipulation regarding administrative […]
PIB NEWS
Retirement Age of Judges
Retirement Age of Judges The Constitution (One Hundred and Fourteenth Amendment) Bill, 2010 was taken up for discussion in the Lok Sabha on 28.12.2011. However, the discussion remained inconclusive due to adjournment of the Winter Session. Request for listing it for discussion in the Budget Session has been made by the Government. Giving this information […]
Minimum Wages to Contract Labourers
The Union Labour & Employment Minister Shri Mallikarjun Kharge has informed the Rajya Sabha that the complaints under the Contract Labour (Regulation & Abolition) Act, 1970 and Minimum Wags Act,1948 are dealt with by the respective appropriate Government under the said Acts. The State Governments are the appropriate Governments in respect of the private and […]
Modernisation of Post Offices
Modernisation of Post Offices The Government plans to set up 1000 Automated Teller Machines (ATMs) and carry out computerization of Post Offices in the country as part of its ongoing modernization and upgradation drive. The Minister of State for Communications and Information Technology Shri Sachin Pilot informed the Lok Sabha today that the Department of […]
Government Formulating Policy for Raising Retirement age(58 to 60) in Sick & Loss Making CPSEs
Government Formulating Policy for Raising Retirement age in Sick & Loss Making CPSEs On the basis of recommendations of Board for Reconstruction of Public Sector Enterprises (BRPSE), the Department of Public Enterprises (DPE) is formulating a policy for enhancement of age of superannuation from 58 to 60 years for employees of such sick and loss […]