News for 'Ministry of Labour'

HC orders Ola Cabs pay Rs 5 lakh for sexual harassment by driver

HC orders Ola Cabs pay Rs 5 lakh for sexual harassment by driver

Rediff.com30 Sep 2024

The court emphasised that all parties must comply with Section 16 of the POSH Act, ensuring confidentiality of the identities involved.

Labour ministry to meet RBI over EPF rate issue

Labour ministry to meet RBI over EPF rate issue

Rediff.com14 Mar 2003

Under increasing pressure to cut interest rates on Employees Provident Fund, the labour ministry is expected to meet the Reserve Bank of India brass in a bid to retain the current rate of 9.5 per cent.

The India Story: 90% Work In Progress

The India Story: 90% Work In Progress

Rediff.com2 Jan 2025

From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.

Dates changed but everyone with offer will join: Infosys CEO on 2022-batch oboarding delays

Dates changed but everyone with offer will join: Infosys CEO on 2022-batch oboarding delays

Rediff.com27 Aug 2024

Infosys CEO Salil Parekh has indicated that offers given to freshers will be honoured by the company and followed with joining, although there has been some change in dates. The comments of Infosys top honcho assumes significance amid reports that the company has delayed onboarding of 2,000 fresh engineering graduates from 2022-batch.

Fresh formal hiring at seven-month high in April, shows EPFO data

Fresh formal hiring at seven-month high in April, shows EPFO data

Rediff.com22 Jun 2024

The number of fresh formal jobs generated in a month increased to a seven-month high in April, signalling a recovery in the formal labour market in the country, according to the latest monthly payroll data released by the Employees' Provident Fund Organisation (EPFO) on Thursday. In April, the number of new monthly subscribers under the Employees' Provident Fund (EPF) sequentially increased by 18.77 per cent to 887,438 from 747,146 in March.

Fresh Youth Hiring Surged In April-May

Fresh Youth Hiring Surged In April-May

Rediff.com22 Jul 2024

'This year overall hiring has seen a slight improvement as compared to the dip seen during the last financial year.'

India's democratic dividend running out, points out new data

India's democratic dividend running out, points out new data

Rediff.com12 Aug 2024

The report highlights that India's population in 2036 is expected to be more feminine compared to the 2011 population, as reflected in the sex ratio which is projected to increase from 943 in 2011 to 952 by 2036, highlighting a positive trend in gender equality.

Strikes And Lockouts Decline By 90%

Strikes And Lockouts Decline By 90%

Rediff.com17 May 2024

Industrial disputes dropped 89.3 per cent to 34 in 2022 compared to 318 a decade ago, shows central and state data.

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Will AI, Like Y2K, Be Gamechanger For Indian IT Cos?

Rediff.com1 Jan 2025

'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'

Full list: Modi's New Ministers And Their Portfolios

Full list: Modi's New Ministers And Their Portfolios

Rediff.com10 Jun 2024

Here is the complete list of ministers in Modi 3.0 and their portfolios:

Meet British Indian MP Lisa Nandy, PM Starmer's new culture secretary

Meet British Indian MP Lisa Nandy, PM Starmer's new culture secretary

Rediff.com6 Jul 2024

The 44-year-old politician, who was among the final three contestants in the Labour Party's leadership contest against her boss in January 2020, has been serving in his shadow cabinet ever since.

Coalition Won't Block Modi's Reforms

Coalition Won't Block Modi's Reforms

Rediff.com29 Jun 2024

'The BJP's numbers in this government are almost the same as those enjoyed by the Congress under P V Narasimha Rao when the reform process was kicked off in 1991.' 'As before, the only constraints on the prime minister's actions are internal, not external.' 'They come from his own assessment of the political consequences of any action,' points out Mihir S Sharma.

Foxconn clarifies on its policy of hiring women

Foxconn clarifies on its policy of hiring women

Rediff.com27 Jun 2024

Apple iPhone maker Foxconn has informed the government that 25 per cent of its new hires are married women and its safety protocol, which requires all employees to avoid wearing metal irrespective of gender or religion, is not discriminatory, sources said. In an informal note shared with the government after reports suggested it is not hiring married women, Foxconn stated that such stipulations are not part of its policy and these claims may have been made by those individuals who were not hired, sources said.

Labour code deferred; salary structure to remain same

Labour code deferred; salary structure to remain same

Rediff.com31 Mar 2021

The four labour codes will not come into effect from April 1 as states are yet to finalise the relevant rules, which means that there will be no change in take home pay of employees and provident fund liability of companies for now. Once the wages code comes into force, there will be significant changes in the way basic pay and provident fund of employees are calculated. The labour ministry had envisaged implementing the four codes on industrial relations, wages, social security and occupational health safety & working conditions from April 1, 2021. The ministry had even finalised the rules under the four codes.

Long-pending four labour codes may go live by June-end

Long-pending four labour codes may go live by June-end

Rediff.com6 Apr 2022

Their implementation is expected to create investment owing to improving ease of doing business as well as initiating pro-worker measures.

FinMin rejects plea to double minimum EPS pension

FinMin rejects plea to double minimum EPS pension

Rediff.com12 Feb 2024

The Union finance ministry has rejected a proposal sent by the labour ministry to double the monthly minimum pension amount to Rs 2,000 under the Employee Pension Scheme (EPS). The Central Board of Trustees (CBT), the apex decision-making body of the Employee Provident Fund Organisation (EPFO), was apprised of the proposal's rejection during a meeting on Saturday. "According to the recommendations made by a highly-empowered monitoring committee constituted by the government, a proposal to increase the minimum pension under EPS from Rs 1,000 to Rs 2,000 per month, by providing additional budgetary support, was sent to the ministry of finance.

Railways To Begin Hiring Again

Railways To Begin Hiring Again

Rediff.com17 Jun 2024

With a large number of Indian youth aspiring to work in the railways, delays in filling up railway job vacancies were a point of criticism against the BJP in the run-up to the elections.

Kingfisher Airlines' PF contributions to be probed: Labour ministry

Kingfisher Airlines' PF contributions to be probed: Labour ministry

Rediff.com13 Mar 2016

An open letter written by women employees of KFA alleged that the company did not pay salaries

Will fight to improve working conditions: Rahul to EY staffer's parents

Will fight to improve working conditions: Rahul to EY staffer's parents

Rediff.com21 Sep 2024

The Leader of Opposition assured the parents of raising the issue in Parliament.

Why 2020 will be a year of labour reforms

Why 2020 will be a year of labour reforms

Rediff.com30 Dec 2019

As per the recommendations of the 2nd National Commission on Labour, the ministry is codifying existing 44 central labour laws into four codes by simplifying, amalgamating and rationalising the relevant provisions of the legislations.

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

India takes first steps to meet 2070 net-zero goal, Niti Aayog forms panels

Rediff.com1 Jul 2024

Three years after India declared its goal to become a net-zero economy by 2070, the policy design for achieving the target has begun, with the NITI Aayog forming dedicated multi-sectoral committees to prepare a transition plan. In 2021, India joined a select group of nations that set a target year for becoming net-zero carbon economy. At COP26 in Glasgow, Prime Minister Narendra Modi outlined a five-pronged 'Panchamitra' climate action target for India and committed to a net-zero target by 2070, joining nations like the US, the UK, and China.

Unemployment rate dips to 3.1% in 2023

Unemployment rate dips to 3.1% in 2023

Rediff.com5 Mar 2024

Unemployment rate for persons aged 15 years or above declined to 3.1 per cent in 2023, the lowest in the last three years, as per a report of National Sample Survey Organisation under the statistics ministry. According to Periodic Labour Force Survey (PLFS) for calender year 2023, the unemployment rate came down to 3.1 per cent in 2023 from 3.6 per cent in 2022 and 4.2 per cent in 2021. Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force.

Summer sowing may ease inflation: FinMin

Summer sowing may ease inflation: FinMin

Rediff.com26 Mar 2024

The finance ministry expects a broad-based moderation in inflationary pressures on the back of an anticipated reduction in food prices as a result of the uptick in summer sowing. The retail inflation rate remained stubbornly clung to the 5 per cent mark in seven of the past eight months. "Core inflation is trending downwards, indicating a broad-based moderation in price pressures... Driven by strong domestic growth and benign global commodity prices, core inflation is declining continuously.

Kuwait fire: Indian mission swings into action

Kuwait fire: Indian mission swings into action

Rediff.com13 Jun 2024

India's mission in Kuwait is ascertaining the full details from the concerned Kuwaiti authorities on the tragic fire incident in a building in the southern city of Mangaf which killed 49 foreign workers, including around 40 Indians, and injured 50 others, even as officials started an investigation into one of the worst fires in the Gulf nation.

All 4 labour codes likely to be implemented from Apr 1

All 4 labour codes likely to be implemented from Apr 1

Rediff.com14 Oct 2020

All four labour codes are likely to be implemented in one go from April 1, the beginning of the next fiscal year, labour secretary Apurva Chandra said on Wednesday. The parliament in its just concluded session passed three labour code bills: the Industrial Relations (IR) Code, the Social Security Code, and the Occupational Safety, Health and Working Conditions Code (OSH). The Wage Code Bill, 2019 was passed by the parliament last year.

How Modi Can Overcome Coalition Challenges

How Modi Can Overcome Coalition Challenges

Rediff.com19 Jun 2024

If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.

Haryana Goes For 10% Quota For Agniveers

Haryana Goes For 10% Quota For Agniveers

Rediff.com18 Jul 2024

The reservation would include a 10 per cent horizontal quota for Agniveers in the posts of constable, mining guard, forest guard, jail warden, and special police officers.

Nirmalaji Listens To Economists' Ideas

Nirmalaji Listens To Economists' Ideas

Rediff.com20 Jun 2024

'The Budget needs to focus more on social welfare schemes.'

Atishi sworn in as Delhi CM, retains 13 portfolios

Atishi sworn in as Delhi CM, retains 13 portfolios

Rediff.com22 Sep 2024

Atishi will have a brief tenure in office as assembly elections in the national capital are due in February.

Budget 2024: What India Inc wants from Nirmalaji

Budget 2024: What India Inc wants from Nirmalaji

Rediff.com20 Jun 2024

India Inc on Thursday pitched for lowering income tax burden on common man, increase in capital expenditure, and firm steps to contain food inflation in their nearly two-hour long interaction with finance minister Nirmala Shitharaman ahead of the Union Budget. During pre-Budget consultation with Sitharaman, the industry leaders and associations also urged the government to focus more on infrastructure development with a view to maintaining the economic growth momentum. The industry leaders also laid stress on boosting the MSME (micro, small, and medium enterprises) sector, considered a backbone of the Indian economy and main employment generator.

Will Anna's Death Be A Wake-Up Call For India Inc?

Will Anna's Death Be A Wake-Up Call For India Inc?

Rediff.com8 Oct 2024

'In India, managers and the leadership almost glorify overworking.'

Modi Bluster Missing From Budget

Modi Bluster Missing From Budget

Rediff.com26 Jul 2024

With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.

Work Begins On The Full Budget

Work Begins On The Full Budget

Rediff.com26 Mar 2024

Thrust on infrastructure and capital expenditure is expected to continue in the Union Budget for FY25.

AI Express sacks 25 crew members, 85 flights cancelled

AI Express sacks 25 crew members, 85 flights cancelled

Rediff.com9 May 2024

Air India Express on Thursday cancelled 85 flights or around 23 per cent of the total daily capacity as the disruptions due to the cabin crew shortage continue and said Air India will operate services on 20 of its routes to minimise inconvenience to passengers.

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Govt may overhaul PLI schemes: Quarterly incentive payments on the table

Rediff.com28 Jun 2024

To burnish production-linked incentive (PLI) schemes, the government is considering an overhaul of some of them relating to sectors such as textiles and pharma, and making incentive payments quarterly, officials in the know said. In a bid to cut the delay in processing incentive claims, the government is looking at switching to a quarterly disbursement of incentives. Currently, in most schemes, incentives are annual.

'Educated youth prefer to be unemployed rather than under-employed'

'Educated youth prefer to be unemployed rather than under-employed'

Rediff.com11 Mar 2024

'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'

'Private Sector Must Create Jobs'

'Private Sector Must Create Jobs'

Rediff.com25 Jun 2024

'The private sector believes that some enablers in labour-intensive sectors like apparel, toys, tourism, and media retail, can unlock a lot of jobs.'

Nobel laureate Mohammad Yunus to head Bangladesh's interim govt

Nobel laureate Mohammad Yunus to head Bangladesh's interim govt

Rediff.com7 Aug 2024

The other members of the interim government will be finalised after consultations with various political parties, the press secretary added.

B'desh Prez dissolves parliament, ex-PM Khaleda freed

B'desh Prez dissolves parliament, ex-PM Khaleda freed

Rediff.com6 Aug 2024

Moreover, the process to release those arrested between July 1 to August has started, and many have already been released, it added.

Labour pain for pvt domestic airlines as staff threaten mass leave over pay

Labour pain for pvt domestic airlines as staff threaten mass leave over pay

Rediff.com21 Jul 2022

Failure to reinstate salary even two years after the drastic cuts has landed the airline industry in a massive industrial relation crisis. While employees of Air India had organised a strike back in 2011, it is for the first time that private airlines are facing serious stress related to workers. IndiGo witnessed two of them, back to back. In the first instance, around 50 per cent of the IndiGo flights were delayed as a large number of crew members went on mass sick leave, apparently to participate in a rival airline's walk-in job interview.