In a move to bolster the welfare of gig workers, the government is set to introduce a pension scheme requiring platform aggregators to contribute 2% of each worker’s income. This contribution will be deposited into the Employee Provident Fund Organisation (EPFO) account of each gig worker, ensuring additional financial security. The scheme is expected to … Read more
The NDA government plans to roll out a social security contribution system for gig workers, where platforms employing these workers must deduct a specific percentage of their payments and deposit it into the Employees’ Pension Scheme. According to a report in the Times of India, the government may also match an additional 3-4% of the … Read more
PF withdrawal from ATMs: Labour Secretary Sumita Dawra announced that the Labour and Employment Ministry is currently in the process of enhancing its IT systems to better serve the workforce of India. She mentioned that EPFO subscribers can expect significant improvements, as they will soon have the ability to directly withdraw funds from their provident … Read more
The Centre is looking at comprehensive changes in its social security schemes under the Employees’ Provident Fund Organisation that could enable subscribers to contribute for higher pension. Additionally, it is also working on a revamp of the IT systems of the EPFO for a more seamless and efficient services to subscribers and easier withdrawals. According to … Read more
In a first for India, the labour bureau under the ministry of labour and employment will conduct five nationwide surveys in five main regional languages along with English and Hindi, aimed at significantly reducing data inaccuracies in the past on the back of translation of responses in regional languages for data computation. These household surveys, … Read more
The industry has sought the government to expand the list of gig workers to cover even those who are working without aggregators besides doing away with the minimum work requirement of six months to get social security benefits. Besides, the industry has sought clarity on overtime, reducing the frequency of annual health checkups while seeking … Read more
NEW DELHI: The Indian Staffing Federation (ISF) has sought changes in the labour ministry’s proposed draft wage rules, saying these may be disadvantageous for gig workers and other part-time workers. The ISF has suggested that the government allow the option to use digital platforms for all communications instead of just physical display. According to the … Read more