Page 2 - Labour Ministry

EPFO adds 1.8 mn subscribers in July, posts 24% YoY rise, shows data

Retirement fund body EPFO added 18.23 lakh new subscribers in July 2022, registering a 24.48 per cent rise as compared to the year-ago period, according to official data. The provisional payroll data of Employees' Provident Fund Organisation (EPFO) released on Tuesday highlighted that of the total new members added in July, around 10.58 lakh members have come under the social security cover of EPFO for the first time, a labour ministry statement said. The data of new members joining EPFO has shown a growing trend since April 2022, it said. Out of 10.58 lakh new members added, approximately 57.69 per cent are in the age group of 18-25 years. This shows that first-time job seekers are joining the organised sector workforce in large numbers following their education and new jobs in the organised sector are largely going to the youth of the country. During the month, around 4.07 lakh members exited from the ambit of EPFO and 11.72 lakh members exited and rejoined EPFO. These members ha

EPFO likely to set up offices in Latin America, Africa soon: Report

With the new offices in other continents, the organisation is aiming to help the smaller countries in the region to develop their own social security

Labour ministry urges states to fastrack e-Shram portal registrations

The e- Shram portal is the first-ever national database of unorganised workers including migrant workers, construction workers, gig and platform workers, etc

PM Modi bats for remote work, flexible work hours, calls it the future

Modi said that India missed taking advantage of the first three industrial revolutions because it couldn't keep pace with the changing nature of work

Over 70% unorganised workers registered in year since e-Shram portal launch

National labour conference being held today to discuss providing social welfare schemes to card holders

PM Modi to address first labour ministers' conference in eight years

Move comes in the backdrop of PM's vision for the next 25 years in preparation for 100th year of independence; 44th session of the National Labour Conference has been named Vision Shramev Jayate @2047

PM to address conference of labour ministers of all states, UTs on Aug 25

Prime Minister Narendra Modi will on Thursday address a national conference of labour ministers of all states and union territories, his office said. The conference is being convened in the spirit of cooperative federalism to discuss various significant labour-related issues, the Prime Minister's Office (PMO) said in a statement on Tuesday. Prime Minister Modi will address the national conference of labour ministers of all states and union territories on August 25 at 4:30 pm via video conferencing, it said. The two-day conference is being organised by the Union Ministry of Labour and Employment on August 25-26 at Tirupati, Andhra Pradesh. The conference will help create further synergy amongst the Centre and state governments in formulating better policies and ensuring effective implementation of schemes for the welfare of workers, the statement said. It will have four thematic sessions -- integrating e-Shram portal for on-boarding social security schemes to universalise social ..

Centre to push states to introduce labour codes 'as soon as possible'

When asked about the timeframe on introducing the Codes, sources said this would be done "as soon as possible". "We are talking to all states," the official cited above said

Delhi govt's worker training scheme: A wait for compensation, better wages

Mission Kushal Karmi, launched by Delhi govt in July, aims to train 200,000 workers in one year

Value of EPFO's Rs 1.59-trn investment in ETFs rises to Rs 2.26 trn: Govt

The EPFO invests 85% of the funds in debt instruments and 15% of the investment is made in ETFs, as per the investment pattern notified by the government

Will inclusion in labour code work or do gig workers need a special law?

7.7 million people employed in the sector need welfare measures hardcoded into the law, say some experts

Wait for labour codes continues, even as most states publish draft rules

12 states, UTs have so far not published draft rules on at least 1 labour code

At least 24 states/UTs pre-publish draft rules on 4 codes: Labour Min

Labour reforms are progressing as at least 24 states have pre-published draft rules for four labour codes on wages, social security, industrial relations and occupation safety, Parliament was informed on Monday. As many as 31 states/UTs have pre-published the draft rules under the Code on Wages, 26 states/UTs under Industrial Relations Code, 25 states/UTs under Code on Social Security, and 24 states/UTs under Occupational Safety Health & Working Conditions (OSH) Code, Minister of State for Labour and Employment Rameshwar Teli said in a written reply to the Lok Sabha. 'Labour' as a subject is in the Concurrent List of the Constitution of India and under the Codes, the power to make rules has been entrusted to the central government as well as state governments. As a step towards implementation of the four Labour Codes, the central government has pre-published the draft rules, inviting comments of all stakeholders, he stated. Union Minister for Labour and Employment Bhupender Yadav .

Labour codes not to kick in from Friday even as states, UTs frame rules

The Centre has already finalised rules on all the four codes

EPFO adds 1.7 mn net subscribers in April, an increase of 35% YoY

Out of the total 17.08 lakh subscribers added during the month of April, around 9.23 lakh new members have come under the social security cover of EPF and MP Act, 1952, for the first time.

India's big problem

Unemployment continues to worry

Over 10 crore unorganised workers registered on e-SHRAM portal: Ministry

Over 10 crore unorganised workers have been registered on the e-SHRAM portal as on Wednesday, the Ministry of Labour and Employment informed.The portal was created by the Directorate of Labour welfare on August 26 this year to register unorganised workers such as migrant workers, construction workers, gig workers, platform workers, domestic workers, street vendors etc, who are seeded to AADHAR.As per a press release of the ministry, West Bengal leads the states of maximum registration followed by Uttar Pradesh and Odisha."e-SHRAM is the reflection of the commitment of Prime Minister who believes in 'Sabka saat sabka vikas or sabka vishwas'," it read.In future, as per the ministry, more than 38 crores labourers will be benefitted from this social security scheme.

Registrations on e-shram portal cross 10-crore mark, shows data

The states with more than 1 lakh registrations are Uttar Pradesh (2.61 lakh), West Bengal (1.08 lakh) and Bihar (1.02 lakh), a ministry statement said

New Wage Rate Index series released; base year revised to 2016 from 1963-65

Ministry of Labour on Wednesday released a new series of Wage Rate Index (WRI) with base year 2016, being compiled and maintained by the Labour Bureau, an attached office of the ministry. The new series of WRI with base 2016=100 will replace the old series with base 1963-65, a labour ministry statement said. The government periodically revises the base year for major economic indicators to reflect the changes in the economy and to capture the wage pattern of workers, it said. Thus, as per the recommendations of International Labour Organization, National Statistical Commission etc, the base year of WRI numbers has been revised from 1963-65 to 2016 by the Labour Bureau to enhance the coverage and to make index more representative. The new series of WRI has increased the scope and coverage in terms of number of industries, sample size, occupations under selected industries, weightage of industries etc. Professor S P Mukherjee and other members of the expert group on Minimum Wages &

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