Finding that the draft common minimum programme was "inadequate", the central trade unions on Monday said it was not "acceptable" to them and laid out over a dozen demands to the new government headed by Prime Minster Manmohan Singh.
The remaining 0.35 per cent will be credited in December this year, if the EPFO is able to redeem its equity investments.
All India Trade Union Congress General Secretary Gurudas Dasgupta said the Common Minimun Programme was 'inadequate' and not 'acceptable'.
The central government has asked public sector undertakings to dissuade their employees from participating in the bandh.
CIL workers are represented by five unions -- Indian National Trade Union Congress, Hind Mazdoor Sabha, Bharatiya Mazdoor Sangh, AICWF and All India Trade Union Congress.
The new government order to review the service record of employees who have completed 30 years in the job to identify inefficient or corrupt staff and retire them prematurely has invited the ire of labour unions, who believe that this is a step towards privatisation.
ILO acts upon a plea by 10 central trade unions objecting to the ordinances proposed to temporarily scrap labour laws in Uttar Pradesh and Gujarat, along with executive orders issued by at least 10 states to increase the daily working limit to 12 hours from eight hours, along with other labour law changes.
The Railway Board and employees at Integral Coach Factory in Chennai, makers of the train, are at loggerheads over the proposed transfer of design and reassigning the manufacturing of Train 18 to Modern Coach Factory in Raebareli.
The unions term the introduction of fixed-term employment as a 'modern labour slavery system' introduced through the 'back door'.
Senior CPI-M leader M A Baby has tendered apology on behalf of Kerala to American artist Waswo X Waswo, who posted a video on YouTube criticising the unions in the state.
A B Bardhan, who steered the CPI during the turbulent period of coalition politics in the 1990s, died in New Delhi on Saturday night.
The finance ministry had last year notified a new investment pattern for EPFO.
So how is it going to affect the common citizen?
At the 47th ILC, scheduled for February 26 and 27 in Delhi, trade unions and employers were to discuss key issues related to employment and social security coverage to workers
The rest 25% would be paid to the subscriber at the age of 58.
The EPFO started investing in ETFs in August last year after the CBT in March cleared proposal to invest in equity markets.
'They (government) are trying to create market for pension products'.
According to coal ministry officials, the Bill is likely to be introduced in the Lok Sabha on Wednesday. The Coal Mines (Special Provisions) Ordinance, 2014 was brought in October this year in the wake of the Supreme Court's decision cancelling 214 coal blocks.
BMS allies with breakaway faction of Congress-affiliated INTUC. This marks a new chapter in India's trade union movement
He was suffering from lung cancer for last several months, West Bengal CPI secretary Swapan Banerjee said.
The Finance Audit and Investment committee recommended 8.95% interest.
The Congress expressed its 'whole-hearted' support to the 'Bharat bandh' called by farmer unions against the new agri-marketing laws and announced that it will hold protests that day at all district and state headquarters in solidarity with the demands of the farmers. TRS president and Chief Minister K Chandrasekhar Rao said the party rank and file would actively participate in the bandh to ensure it was a success.
Trade unions reiterate the call for countrywide general strike on September 2 against the "anti-worker and anti-people policies" of the government.
With almost all opposition parties too backing the 'Bharat bandh' and many announcing parallel protests in support of the farmers, the Centre has issued an advisory directing the states and Union Territories to tighten security and ensure peace is maintained.
'COVID-19 is just an excuse to pass anti-labour laws.'
Employees and workers will meet on November 27 to protest against the recommendations
Trade unions said Jaitley's minimum wage announcement is completely inadequate
About 1,000 such cabs have been registered on the company's platform so far
The Goa government on Wednesday said it was monitoring the situation on the beaches in the wake of strike by lifeguards which entered its second day, even as 361 lifeguards were arrested after they took out a protest march defying prohibitory orders.
'The situation is so bad that they are now sleeping on bridges or footpaths.' 'Therefore, they want to go and die before their parents or wife in case they get infected with COVID-19.' 'Workers don't want to die a dog's death in cities.'
BJP-ruled states push through amendments to laws, aim to get larger share of FDI pie
Outfits related to labour and agriculture critical of policies, say their voices are not being heard. Archis Mohan reports.
The 24-hour transport strike began on Thursday, affecting normal life in several parts of the country including in Kerala and Karnataka, even as the Centre asked private operators and employees of state transport authorities to call off their strike.
The two-day nationwide strike called by central trade unions to protest the Centre's alleged anti-worker policies evoked mixed response all over country on Tuesday.
Ten trade unions with a combined membership of 15 crore workers in public and private sector, including banks and insurance companies, are on a nationwide strike to protest against changes in the labour laws.
The staff of public sector banks had gone on a nationwide strike for two days beginning February 10 after discussions with the IBA failed.
Facing flak over its decision to impose tax at the time of withdrawal on 60 per cent of the contributions to Employees' Provident Fund, the government on Tuesday clarified that only interest accrued on 60 per cent contribution to EPF after April 1, 2016 will be taxed.
The Left unions want concrete action and not just 'assurances'.
10 central trade unions have called a nationwide shutdown against 'anti-worker policies' of the central government. Apart from being successful in Bengal, Kerala and NE states, the bandh has also got support from Cong leader Rahul Gandhi and Shiv Sena in Maharashtra.
Contract workers are paid much less than regular workers. This year's Economic Survey estimates wages are on an average 20 times higher in the formal sector than in the informal sector. Arindam Majumder reports.
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