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As the festive season approaches, Indias Banking, Financial Services, and Insurance BFSI sector i...
In a landmark move aimed at enhancing employment opportunities in India, the Ministry of Labour and ...
Labour Secretary, Sumita Dawra, convened a crucial meeting with EPFO officials to discuss the implem...
The recently concluded ASSOCHAM 5th Diversity and Inclusion Excellence Awards and Conclave 2024 brought together industry leaders, policymakers, and advocates to discuss and celebrate the importance of diversity and inclusion in the workplace. Chief Guest Delina Khongdup, Member of the National Commission for Women (NCW), delivered a powerful address emphasizing the need for sustained efforts […]
Union Minister of Labour & Employment and Youth Affairs & Sports, Dr. Mansukh Mandaviya, unveiled the Employees’ Provident Fund Organisation (EPFO)’s provisional payroll data for the month of July 2024. This release marks a historic milestone, as it represents the highest recorded increase in net members since payroll data tracking began in April 2018. Overall […]
Union Labour Minister Mansukh Mandaviya recently announced that the Indian government is actively considering removing the existing ceiling for contributions towards the Employees’ Provident Fund Organisation (EPFO) and the Employees’ Pension Scheme (EPS). This move aims to enhance social security benefits for workers and streamline the EPFO system. Current Scenario At present, EPFO contributions are […]
Shri Jayant Chaudhary, Ministry of Skill Development and Entrepreneurship (MSDE), inaugurated two skill training centers—one in Delhi and another in Bengaluru with a collaborative effort between Tata STRIVE and Airbus India Private Limited. The joint initiative aims to empower students with future-ready skills, bridging the gap between education and industry demands. Partnership between Tata and […]
In a bold move that underscores its commitment to growth and youth empowerment, mPokket—one of India’s fastest-growing digital lending platforms—has announced ambitious plans to expand its workforce. During the fiscal year 2024-25, the company aims to create more than 5,000 new job opportunities. This strategic initiative not only fuels mPokket’s own trajectory but also contributes significantly […]
In a significant move towards promoting employment and ensuring social security for workers, the Ministry of Labour & Employment (MoLE), Government of India, recently convened an inter-ministerial consultation on the Employment Linked Incentive (ELI) Scheme. This scheme, introduced in the Union Budget 2024-25, aims to encourage formalization of the workforce and create meaningful job opportunities […]
In a significant step toward enhancing social security coverage for gig and platform workers, the Ministry of Labour & Employment has launched an initiative to encourage platform aggregators to register their gig workers on the e-Shram portal. This move is crucial for ensuring workers’ access to welfare schemes while also facilitating the creation of a […]
In a strategic move to strengthen its presence in the Indian market, global tech giant Microsoft has invested a whopping ₹453 crore in acquiring a land parcel spread across 16.4 acres in Pune’s Hinjewadi. This significant transaction underscores Microsoft’s commitment to expanding its footprint in India, particularly in areas related to data centers and office […]
On September 13, 2024, Ms. Sumita Dawra, Secretary of the Ministry of Labour & Employment, Government of India, presided over an interactive session on ELI Scheme in Hyderabad. The focus of this session was the recently launched Employment Linked Incentive (ELI) Scheme, which was introduced as part of the Union Budget for 2024-25. The event was […]
The Employees’ State Insurance Corporation (ESIC) has witnessed a remarkable surge in registrations, with 22.53 lakh new workers joining the ESI Scheme during the month of July 2024. This substantial increase underscores the growing relevance of social security provisions among the workforce. Key Highlights of ESI Scheme Surge Among the newly registered workers, a staggering 10.84 lakh employees, […]
In a groundbreaking move aimed at democratizing vocational education, the National Instructional Media Institute (NIMI), under the Directorate General of Training (DGT) and the Ministry of Skill Development and Entrepreneurship (MSDE), has launched a series of YouTube channels. These channels are set to revolutionize the way Industrial Training Institute (ITI) students access high-quality training materials. […]
In a groundbreaking move, Standard Chartered Bank, India, has launched a financial-assistance initiative aimed at supporting employees with physical disabilities. This initiative marks a significant milestone within the Group, demonstrating the bank’s commitment to enhancing inclusivity and improving workforce participation among underrepresented talent groups. The Initiative The primary objective of this initiative is to empower individuals […]
