Presenting Budget 2024-25, Finance Minister Nirmala Sitharaman earlier announced the scheme, a part of the PM’s package of five schemes to facilitate employment.
The retirement fund body added 10.52 lakh new members in July—an increase of over 2.66 percent from June. Maharashtra alone contributed 20.21 percent of the total new additions.
Retirement fund body has seen rise in earnings from capital gains from equity. Its earnings are distributed among its subscribers, with EPFO retaining a small surplus.
EPFO payroll data, which captures data related to the organised & semi-organised sector, shows there was a sharp drop in payroll additions among those younger than 25 years.
Govt has decided to notify 8.5% rate of interest on EPF deposits and credit them in one go. The decision will benefit over 6 crore subscribers of the retirement fund body EPFO.
Before attempting to answer whether the Rozgar Melas are working, it would be useful to take a look at the performance of the Modi govt on this front since it was formed in May 2014.
While we celebrate the entry of women into the workforce, we fail to address the structural rigidities that force them out precisely when they are poised for leadership.
In a first during his tenure as High Commissioner to India, Riaz Hamidullah addressed JOCAP consisting of tri-forces officers, as New Delhi & Dhaka step up normalisation efforts.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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